JP Morgan Maintains Overweight on Altus Power, Lowers Price Target to $8
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Mark Strouse has maintained an Overweight rating on Altus Power (NYSE:AMPS) but lowered the price target from $10 to $8.
October 19, 2023 | 6:41 pm
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JP Morgan has maintained an Overweight rating on Altus Power but lowered the price target from $10 to $8.
The lowering of the price target by JP Morgan, a major financial institution, could negatively impact investor sentiment towards Altus Power, potentially leading to a short-term decrease in its stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100