UBS Maintains Buy on Altus Power, Lowers Price Target to $9
Portfolio Pulse from Benzinga Newsdesk
UBS analyst Jon Windham has maintained a Buy rating on Altus Power (NYSE:AMPS) but has reduced the price target from $10 to $9.
November 14, 2023 | 6:32 pm
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NEUTRAL IMPACT
UBS maintains a Buy rating on Altus Power but lowers the price target from $10 to $9.
While the Buy rating reaffirmation is positive, the reduction in price target could signal a tempered expectation of future performance, which may have a neutral to slightly negative short term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100