B of A Securities Maintains Buy on Laboratory Corp, Lowers Price Target to $230
Portfolio Pulse from Benzinga Newsdesk
B of A Securities analyst Derik De Bruin maintains a Buy rating on Laboratory Corp (NYSE:LH) but lowers the price target from $238 to $230.
September 21, 2023 | 2:57 pm
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NEUTRAL IMPACT
Despite a lowered price target from $238 to $230, B of A Securities maintains a Buy rating on Laboratory Corp.
The news is directly related to Laboratory Corp (LH). The lowered price target might cause some short-term negative sentiment among investors. However, the maintained Buy rating indicates that the analyst still sees upside potential in the stock, which could balance out the negative impact.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100