SPX Technologies shares are trading lower after UBS downgraded the stock from Buy to Neutral but raised its price target from $80 to $90.
Portfolio Pulse from Benzinga Newsdesk
UBS has downgraded SPX Technologies from Buy to Neutral, but increased its price target from $80 to $90. This has led to a decrease in the trading price of SPX Technologies shares.
July 05, 2023 | 5:43 pm
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UBS downgraded SPX Technologies, leading to a decrease in its share price. However, the price target has been raised, indicating potential future growth.
The downgrade from UBS has led to a decrease in the trading price of SPX Technologies shares. However, the increase in the price target from $80 to $90 indicates that UBS sees potential for the stock's price to increase in the future.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100