UBS Initiates Coverage On PJT Partners with Neutral Rating, Announces Price Target of $84
Portfolio Pulse from Benzinga Newsdesk
UBS analyst Brennan Hawken has initiated coverage on PJT Partners (NYSE:PJT) with a Neutral rating and a price target of $84.
October 03, 2023 | 10:38 am
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NEUTRAL IMPACT
UBS has initiated coverage on PJT Partners with a Neutral rating and a price target of $84.
The initiation of coverage by UBS with a Neutral rating suggests that the firm sees PJT Partners as fairly valued at current levels. The price target of $84 indicates where they believe the stock will trade in the near future. This could potentially influence investor sentiment and trading behavior, but the neutral rating suggests no significant price movement in the short term.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100