Raymond James Maintains Outperform on Service Corp Intl, Lowers Price Target to $70
Portfolio Pulse from Benzinga Newsdesk
Raymond James analyst John Ransom maintains an Outperform rating on Service Corp Intl (NYSE:SCI) but lowers the price target from $75 to $70.
October 03, 2023 | 11:19 am
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Service Corp Intl's price target has been lowered from $75 to $70 by Raymond James, though the Outperform rating is maintained.
The lowering of the price target by Raymond James could potentially create a negative sentiment among investors, which might put downward pressure on the stock price. However, the maintenance of the Outperform rating indicates that the analyst still sees potential upside for the stock, which could counterbalance the negative sentiment.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100