Citigroup Downgrades Eneti to Neutral, Announces $14 Price Target
Portfolio Pulse from richadhand@benzinga.com
Citigroup analyst Vikram Bagri downgrades Eneti (NYSE:NETI) from Buy to Neutral and announces a $14 price target.

June 22, 2023 | 9:18 am
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NEGATIVE IMPACT
Eneti downgraded to Neutral by Citigroup analyst Vikram Bagri, with a $14 price target.
The downgrade from Buy to Neutral by Citigroup analyst Vikram Bagri indicates a less optimistic outlook for Eneti's stock performance. This could lead to a short-term negative impact on the stock price as investors may adjust their positions based on the new rating and price target.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100