Citigroup Maintains Buy on Everest Group, Raises Price Target to $447
Portfolio Pulse from Benzinga Newsdesk
Citigroup analyst Michael Ward has maintained a 'Buy' rating on Everest Group (NYSE:EG) and raised the price target from $408 to $447.
October 09, 2023 | 2:37 pm
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POSITIVE IMPACT
Everest Group's price target has been raised by Citigroup from $408 to $447, maintaining a 'Buy' rating.
The raised price target and maintained 'Buy' rating by Citigroup indicates a positive outlook for Everest Group. This could potentially lead to an increase in the stock's price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
NEUTRAL IMPACT
Citigroup's analyst has maintained a 'Buy' rating on Everest Group and raised the price target, indicating confidence in the stock.
As the analyst from Citigroup, their recommendations can influence the market's perception of the stock they cover. However, it doesn't directly affect Citigroup's stock.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 50