Barclays Downgrades SiteOne Landscape Supply to Underweight, Lowers Price Target to $144
Portfolio Pulse from richadhand@benzinga.com
Barclays analyst Matthew Bouley downgraded SiteOne Landscape Supply (NYSE:SITE) from Equal-Weight to Underweight and lowered the price target from $146 to $144.
May 24, 2023 | 9:17 am
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NEGATIVE IMPACT
SiteOne Landscape Supply downgraded to Underweight by Barclays, with a reduced price target of $144.
The downgrade from Equal-Weight to Underweight and the reduction in price target from $146 to $144 by Barclays analyst Matthew Bouley indicate a negative outlook for SiteOne Landscape Supply. This could lead to a short-term decline in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100