Barclays Maintains Underweight on SiteOne Landscape Supply, Lowers Price Target to $139
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Matthew Bouley maintains an Underweight rating on SiteOne Landscape Supply (NYSE:SITE) and has lowered the price target from $144 to $139.
October 12, 2023 | 7:03 pm
News sentiment analysis
Sort by:
Ascending
NEGATIVE IMPACT
Barclays has maintained an Underweight rating on SiteOne Landscape Supply and lowered the price target from $144 to $139.
The news of Barclays maintaining an Underweight rating and lowering the price target for SiteOne Landscape Supply could potentially lead to a decrease in the company's stock price in the short term. This is because such a move by a major financial institution often signals a lack of confidence in the company's future performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100