Oppenheimer Maintains Outperform on Service Corp Intl, Lowers Price Target to $65
Portfolio Pulse from Benzinga Newsdesk
Oppenheimer analyst Scott Schneeberger has maintained an Outperform rating on Service Corp Intl (NYSE:SCI) but lowered the price target from $74 to $65.
October 11, 2023 | 3:07 pm
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NEUTRAL IMPACT
Service Corp Intl's price target has been lowered from $74 to $65 by Oppenheimer, though the Outperform rating is maintained.
The news directly pertains to Service Corp Intl as the company's price target has been lowered by Oppenheimer. However, the Outperform rating is maintained which indicates that the analyst still expects the company to outperform the market. This could have a neutral impact on the stock price in the short term as the lower price target might be a negative signal, but the maintained Outperform rating could offset this.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100