Barclays Downgrades Clarivate to Underweight, Lowers Price Target to $7
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Manav Patnaik has downgraded Clarivate (NYSE:CLVT) from Equal-Weight to Underweight and lowered the price target from $8 to $7.
September 08, 2023 | 11:31 am
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Clarivate has been downgraded by Barclays from Equal-Weight to Underweight and the price target has been lowered from $8 to $7.
The downgrade from Barclays, a major financial institution, could negatively impact investor sentiment towards Clarivate. The lowering of the price target suggests that Barclays sees less upside potential in the stock, which could lead to selling pressure.
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