B of A Securities Maintains Buy on CI&T, Lowers Price Target to $6
Portfolio Pulse from Benzinga Newsdesk
B of A Securities analyst Jason Kupferberg has maintained a 'Buy' rating on CI&T (NYSE:CINT) but lowered the price target from $7.2 to $6.
August 21, 2023 | 1:13 pm
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NEUTRAL IMPACT
CI&T's price target has been lowered from $7.2 to $6 by B of A Securities, though the 'Buy' rating is maintained.
The lowering of the price target indicates a potential decrease in the stock's value. However, the maintained 'Buy' rating suggests that the analyst still sees potential upside, which could balance out the impact of the lowered target.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100