Pivotal Research Maintains Buy on Liberty Global, Lowers Price Target to $25
Portfolio Pulse from Benzinga Newsdesk
Pivotal Research analyst Jeffrey Wlodarczak has maintained a 'Buy' rating on Liberty Global (NASDAQ:LBTYK) but lowered the price target from $30 to $25.
June 29, 2023 | 9:42 am
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Despite the lowered price target, Liberty Global's stock is still rated as 'Buy' by Pivotal Research, indicating a positive outlook.
The lowered price target might cause some short-term negative sentiment among investors. However, the maintained 'Buy' rating indicates that the analyst still sees potential in the stock, which could balance out the negative impact.
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IMPORTANCE 70
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