Barclays Maintains Overweight on Nomad Foods, Lowers Price Target to $18
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Lauren Lieberman maintains an Overweight rating on Nomad Foods (NYSE:NOMD) but lowers the price target from $22 to $18.
October 12, 2023 | 6:45 pm
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Barclays maintains an Overweight rating on Nomad Foods but lowers the price target from $22 to $18.
The news is directly related to Nomad Foods. While the Overweight rating is maintained, indicating a positive outlook, the lowering of the price target from $22 to $18 might create some uncertainty among investors, potentially impacting the stock's short-term performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100