Barclays Maintains Underweight on Kronos Worldwide, Lowers Price Target to $6
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Michael Leithead has maintained an Underweight rating on Kronos Worldwide (NYSE:KRO) and lowered the price target from $7 to $6.
October 04, 2023 | 10:03 am
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NEGATIVE IMPACT
Barclays has maintained an Underweight rating on Kronos Worldwide and lowered the price target from $7 to $6, which could negatively impact the stock's performance.
The lowered price target by Barclays indicates a bearish outlook for Kronos Worldwide. This could lead to a decrease in the stock's price as investors adjust their expectations based on the new price target.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100