Barclays Maintains Overweight on TIM, Lowers Price Target to $16
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Mathieu Robilliard maintains an Overweight rating on TIM (NYSE:TIMB) but lowers the price target from $17 to $16.

October 23, 2023 | 3:03 pm
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NEUTRAL IMPACT
Barclays maintains an Overweight rating on TIM but lowers the price target from $17 to $16.
The news is directly related to TIM and is likely to influence investor sentiment. While the Overweight rating is positive, the reduction in price target might create some uncertainty. However, as the rating remains Overweight, the overall impact is expected to be neutral in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100