Wedbush Maintains Outperform on Burford Capital, Lowers Price Target to $18
Portfolio Pulse from Benzinga Newsdesk
Wedbush analyst David Chiaverini maintains an Outperform rating on Burford Capital (NYSE:BUR) but lowers the price target from $20 to $18.
November 10, 2023 | 1:49 pm
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NEUTRAL IMPACT
Wedbush maintains an Outperform rating on Burford Capital but lowers the price target from $20 to $18.
The news is directly about Burford Capital. While the Outperform rating is maintained, the lowering of the price target might create some uncertainty among investors. However, the overall impact is neutral as the Outperform rating indicates that the analyst still expects the stock to do better than the market.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100