Barclays Maintains Overweight on Skillsoft, Lowers Price Target to $2.5
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Carter Gould maintains an Overweight rating on Skillsoft (NYSE:SKIL) but lowers the price target from $2.9 to $2.5.
August 18, 2023 | 10:43 am
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Barclays maintains an Overweight rating on Skillsoft but lowers the price target from $2.9 to $2.5.
The news is directly related to Skillsoft. While the Overweight rating indicates that Barclays expects the stock to outperform, the lowering of the price target could create some negative sentiment among investors, potentially putting some downward pressure on the stock price in the short term.
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RELEVANCE 100