Barclays Maintains Underweight on NL Industries, Lowers Price Target to $5
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Duffy Fischer maintains an Underweight rating on NL Industries (NYSE:NL) and has lowered the price target from $6 to $5.
August 25, 2023 | 12:46 pm
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NEGATIVE IMPACT
Barclays has maintained an Underweight rating on NL Industries and lowered the price target from $6 to $5.
The lowered price target by Barclays indicates a bearish outlook for NL Industries. This could potentially lead to a decrease in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100