JP Morgan Maintains Overweight on Frontdoor, Raises Price Target to $45
Portfolio Pulse from jenniferd'souza@benzinga.com
JP Morgan analyst Cory Carpenter maintains an Overweight rating on Frontdoor (NASDAQ:FTDR) and raises the price target from $38 to $45.
August 04, 2023 | 1:27 pm
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POSITIVE IMPACT
JP Morgan maintains an Overweight rating on Frontdoor and raises the price target from $38 to $45, indicating a positive outlook for the company.
The raised price target by JP Morgan indicates a positive outlook for Frontdoor. 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