Sidoti & Co. Downgrades CBIZ to Neutral, Announces $58 Price Target
Portfolio Pulse from Benzinga Newsdesk
Sidoti & Co. analyst Marc Riddick has downgraded CBIZ (NYSE:CBZ) from Buy to Neutral and announced a price target of $58.

September 05, 2023 | 3:47 pm
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NEGATIVE IMPACT
CBIZ has been downgraded from Buy to Neutral by Sidoti & Co. with a new price target of $58.
The downgrade from Buy to Neutral by Sidoti & Co. indicates a less optimistic outlook for CBIZ. This could potentially lead to a decrease in the stock's price in the short term. The new price target of $58 also provides a benchmark for investors.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100