B of A Securities Maintains Underperform on SecureWorks, Lowers Price Target to $6
Portfolio Pulse from Benzinga Newsdesk
B of A Securities analyst Tal Liani maintains an 'Underperform' rating on SecureWorks (NASDAQ:SCWX) and lowers the price target from $6.5 to $6.
September 11, 2023 | 2:21 pm
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NEGATIVE IMPACT
SecureWorks' price target has been lowered from $6.5 to $6 by B of A Securities, which maintains an 'Underperform' rating on the stock.
The lowering of the price target by B of A Securities indicates a bearish outlook for SecureWorks. This, coupled with the 'Underperform' rating, suggests that the stock may underperform in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100