JP Morgan Maintains Overweight on Bridge Investment Group, Lowers Price Target to $16.5
Portfolio Pulse from richadhand@benzinga.com
JP Morgan analyst Kenneth Worthington maintains an Overweight rating on Bridge Investment Group (NYSE:BRDG) but lowers the price target from $17 to $16.5.
August 09, 2023 | 4:44 pm
News sentiment analysis
Sort by:
Descending
NEUTRAL IMPACT
JP Morgan maintains an Overweight rating on Bridge Investment Group but lowers the price target from $17 to $16.5.
The news is directly related to Bridge Investment Group (BRDG). JP Morgan's decision to maintain an Overweight rating indicates a positive outlook for the company. However, the lowering of the price target from $17 to $16.5 might create a slight negative sentiment among investors, potentially impacting the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100