Citigroup Upgrades T. Rowe Price Gr to Neutral, Lowers Price Target to $95
Portfolio Pulse from Benzinga Newsdesk
Citigroup analyst Chris Allen has upgraded T. Rowe Price Gr (NASDAQ:TROW) from Sell to Neutral and lowered the price target from $100 to $95.
October 31, 2023 | 10:04 am
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NEUTRAL IMPACT
T. Rowe Price Gr has been upgraded from Sell to Neutral by Citigroup, but the price target has been lowered from $100 to $95.
The upgrade from Sell to Neutral indicates a more positive outlook on the stock by Citigroup. However, the lowering of the price target from $100 to $95 suggests that the analyst believes the stock is currently overvalued. This could lead to a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100