Longbow Research Downgrades Allegion to Neutral
Portfolio Pulse from Benzinga Newsdesk
Longbow Research analyst David Macgregor has downgraded Allegion (NYSE:ALLE) from Buy to Neutral.
September 06, 2023 | 1:06 pm
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NEGATIVE IMPACT
Allegion's stock rating has been downgraded from Buy to Neutral by Longbow Research.
The downgrade from Buy to Neutral by Longbow Research indicates a less optimistic outlook for Allegion's stock. This could potentially lead to a decrease in the stock's price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100