Credit Suisse Maintains Outperform on Service Corp Intl, Lowers Price Target to $80
Portfolio Pulse from jenniferd'souza@benzinga.com
Credit Suisse analyst A.J. Rice has maintained an 'Outperform' rating on Service Corp Intl (NYSE:SCI) but lowered the price target from $85 to $80.
August 04, 2023 | 1:13 pm
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Service Corp Intl's price target has been lowered from $85 to $80 by Credit Suisse, though the 'Outperform' rating is maintained.
The lowering of the price target by Credit Suisse may cause some short-term uncertainty among investors, potentially impacting the stock's price. However, the maintenance of the 'Outperform' rating indicates that the analyst still sees potential in the stock, which could balance out any negative impact.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100