Benchmark Maintains Buy on Stagwell, Lowers Price Target to $8
Portfolio Pulse from Benzinga Newsdesk
Benchmark analyst Mark Zgutowicz maintains a Buy rating on Stagwell (NASDAQ:STGW) but lowers the price target from $9 to $8.

October 26, 2023 | 4:16 pm
News sentiment analysis
Sort by:
Ascending
NEUTRAL IMPACT
Stagwell's price target has been lowered from $9 to $8 by Benchmark analyst Mark Zgutowicz, though the Buy rating is maintained.
The news directly pertains to Stagwell (STGW) as the company's price target has been lowered by Benchmark analyst Mark Zgutowicz. However, the analyst maintains a Buy rating on the stock, indicating a positive outlook despite the lower price target. This could have a neutral impact on the stock's price in the short term as the lowered price target might be offset by the maintained Buy rating.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100