JP Morgan Maintains Underweight on Resources Connection, Lowers Price Target to $14
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Andrew Steinerman maintains an Underweight rating on Resources Connection (NASDAQ:RGP) and lowers the price target from $16 to $14.
October 05, 2023 | 3:24 pm
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NEGATIVE IMPACT
JP Morgan has maintained an Underweight rating on Resources Connection and lowered the price target from $16 to $14.
The lowered price target by JP Morgan indicates a bearish outlook for Resources Connection. This could potentially lead to a decrease in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100