Barclays Initiates Coverage On NorthWestern with Underweight Rating, Announces Price Target of $48
Portfolio Pulse from richadhand@benzinga.com
Barclays analyst Eric Beaumont has initiated coverage on NorthWestern (NASDAQ:NWE) with an Underweight rating and a price target of $48.
August 23, 2023 | 9:21 am
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NEGATIVE IMPACT
Barclays has initiated coverage on NorthWestern with an Underweight rating, potentially indicating a negative outlook for the stock.
The Underweight rating from Barclays suggests that they believe NorthWestern's stock may underperform compared to other stocks. This could potentially lead to a decrease in the stock's price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100