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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NEUTRAL IMPACT
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.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100