Barclays Maintains Overweight on Allegion, Raises Price Target to $130
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Julian Mitchell maintains an Overweight rating on Allegion (NYSE:ALLE) and raises the price target from $120 to $130.
July 10, 2023 | 2:27 pm
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POSITIVE IMPACT
Barclays maintains an Overweight rating on Allegion and raises the price target from $120 to $130, indicating a positive outlook for the stock.
The raised price target by Barclays indicates their belief in the company's potential for growth. This could lead to increased investor confidence and potentially a rise in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100