RBC Capital Maintains Outperform on BrightSphere Investment, Lowers Price Target to $21
Portfolio Pulse from Benzinga Newsdesk
RBC Capital analyst Kenneth Lee maintains an Outperform rating on BrightSphere Investment (NYSE:BSIG) but has lowered the price target from $23 to $21.
November 03, 2023 | 6:43 pm
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NEUTRAL IMPACT
RBC Capital maintains an Outperform rating on BrightSphere Investment but has lowered the price target from $23 to $21.
The news is directly related to BrightSphere Investment. While the Outperform rating is maintained, the lowering of the price target might indicate a slightly less optimistic outlook for the company's stock in the short term. However, the impact is likely to be neutral as the rating remains positive.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100