Jefferies Downgrades Berry Corp to Hold, Lowers Price Target to $8
Portfolio Pulse from richadhand@benzinga.com
Jefferies analyst Lloyd Byrne has downgraded Berry Corp (NASDAQ:BRY) from Buy to Hold and lowered the price target from $9 to $8.
July 17, 2023 | 9:59 am
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Berry Corp's rating has been downgraded from Buy to Hold by Jefferies, with a lowered price target of $8.
The downgrade from Buy to Hold indicates a less optimistic outlook for Berry Corp's stock. The lowered price target from $9 to $8 also suggests that the analyst sees less upside potential in the stock. This could negatively impact the stock's price in the short term.
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