Deutsche Bank Maintains Buy on Cabot, Lowers Price Target to $80
Portfolio Pulse from Benzinga Newsdesk
Deutsche Bank analyst David Begleiter maintains a Buy rating on Cabot (NYSE:CBT) but lowers the price target from $90 to $80.
May 18, 2023 | 1:37 pm
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NEUTRAL IMPACT
Deutsche Bank maintains a Buy rating on Cabot (NYSE:CBT) and lowers the price target from $90 to $80.
The news of Deutsche Bank maintaining a Buy rating on Cabot (NYSE:CBT) is positive for the stock. However, the lowering of the price target from $90 to $80 may create some uncertainty among investors. The overall impact on the stock price in the short term is expected to be neutral as the positive and negative factors balance each other out.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100