RBC Capital Maintains Sector Perform on SiteOne Landscape Supply, Lowers Price Target to $131
Portfolio Pulse from Benzinga Newsdesk
RBC Capital analyst Mike Dahl has maintained a 'Sector Perform' rating on SiteOne Landscape Supply (NYSE:SITE) but lowered the price target from $141 to $131.
November 02, 2023 | 6:03 pm
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SiteOne Landscape Supply's price target has been lowered from $141 to $131 by RBC Capital, though the 'Sector Perform' rating is maintained.
The lowering of the price target by RBC Capital indicates a potential decrease in the stock's value. However, the maintenance of the 'Sector Perform' rating suggests that the company is expected to perform on par with other companies in the sector. This could lead to a short-term negative impact on the stock's price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100