JP Morgan Maintains Underweight on UniFirst, Lowers Price Target to $150
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Andrew Steinerman maintains an Underweight rating on UniFirst (NYSE:UNF) and lowers the price target from $155 to $150.
June 29, 2023 | 4:18 pm
News sentiment analysis
Sort by:
Ascending
NEGATIVE IMPACT
JP Morgan has maintained an Underweight rating on UniFirst and lowered the price target from $155 to $150, which could negatively impact the stock's performance.
The lowered price target by JP Morgan indicates a bearish outlook for UniFirst. This could lead to a decrease in the stock's price as investors adjust their expectations based on this new target.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100