CI&T shares are trading lower after B of A Securities and Citigroup lowered their respective price targets on the stock.
Portfolio Pulse from Benzinga Newsdesk
Shares of CI&T are trading lower after Bank of America Securities and Citigroup lowered their respective price targets on the stock.
August 21, 2023 | 3:53 pm
News sentiment analysis
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NEGATIVE IMPACT
CI&T's stock price is expected to be negatively impacted in the short term due to lowered price targets by B of A Securities and Citigroup.
The lowered price targets by Bank of America Securities and Citigroup indicate a bearish outlook for CI&T. This negative sentiment is likely to put downward pressure on the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100