Citigroup Initiates Coverage On Donaldson with Neutral Rating, Announces Price Target of $66
Portfolio Pulse from richadhand@benzinga.com
Citigroup analyst Timothy Thein has initiated coverage on Donaldson (NYSE:DCI) with a Neutral rating and a price target of $66.
June 28, 2023 | 8:27 am
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Citigroup has initiated coverage on Donaldson with a Neutral rating and a price target of $66. This could influence investor sentiment and potentially impact the stock's price.
Analyst ratings and price targets can significantly influence investor sentiment and trading behavior. In this case, Citigroup's neutral rating suggests that they expect Donaldson's stock to perform in line with the market or sector average. The price target of $66 provides a reference point that investors may use when making buy or sell decisions. However, the impact on the stock's price will depend on how investors interpret and react to this new information.
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