Mizuho Maintains Neutral Rating for Sabre: Here's What You Need To Know
Portfolio Pulse from Benzinga Insights
Mizuho has maintained its Neutral rating for Sabre (NASDAQ:SABR) but lowered its price target from $5.00 to $4.00. Sabre's shares are currently trading up 3.51% at $3.83 per share. Sabre holds the number-two share of global distribution system for air bookings, with the travel solutions segment representing 91% of total 2022 revenue.
October 16, 2023 | 5:00 pm
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NEUTRAL IMPACT
Mizuho has maintained its Neutral rating for Sabre but lowered its price target. This could potentially impact investor sentiment and the stock's price.
Analyst ratings and price targets can significantly influence investor sentiment and the stock's price. While Mizuho has maintained its Neutral rating for Sabre, it has lowered its price target, which could potentially lead to a negative impact on the stock's price in the short term.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100