Piper Sandler Maintains Overweight on American Finl Gr, Lowers Price Target to $150
Portfolio Pulse from richadhand@benzinga.com
Piper Sandler analyst Paul Newsome maintains an Overweight rating on American Financial Group (AFG) but lowers the price target from $162 to $150.
July 06, 2023 | 1:15 pm
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NEUTRAL IMPACT
Piper Sandler maintains an Overweight rating on AFG but lowers the price target from $162 to $150.
The news is directly about AFG and is likely to influence investor sentiment. The lowered price target may suggest a potential downside, but the maintained Overweight rating indicates that the analyst still sees the stock as a good investment. This mixed signal could lead to neutral short-term price movement.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100