Deutsche Bank Maintains Buy on Kronos Worldwide, Lowers Price Target to $11
Portfolio Pulse from Benzinga Newsdesk
Deutsche Bank analyst David Begleiter maintains a Buy rating on Kronos Worldwide (NYSE:KRO) but lowers the price target from $12 to $11.
May 22, 2023 | 2:00 pm
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NEUTRAL IMPACT
Deutsche Bank maintains Buy rating on Kronos Worldwide (KRO) but lowers price target from $12 to $11.
The news of Deutsche Bank maintaining a Buy rating on Kronos Worldwide (KRO) is positive for the stock. However, the lowering of the price target from $12 to $11 may create some uncertainty among investors, potentially offsetting the positive impact of the Buy rating. Therefore, the short-term impact on KRO's stock price is expected to be neutral.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100