JP Morgan Maintains Overweight on Natura &Co Holding, Lowers Price Target to $7
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Joseph Giordano maintains an Overweight rating on Natura &Co Holding (NYSE:NTCO) but lowers the price target from $9 to $7.
October 25, 2023 | 6:58 pm
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NEGATIVE IMPACT
JP Morgan maintains an Overweight rating on Natura &Co Holding but lowers the price target from $9 to $7. This could potentially impact the stock's performance.
The lowering of the price target by JP Morgan, a major financial institution, could lead to a decrease in investor confidence in NTCO, potentially leading to a short-term decrease in the stock's price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100