UBS Downgrades Agilent Technologies to Neutral, Lowers Price Target to $125
Portfolio Pulse from Benzinga Newsdesk
UBS analyst Elizabeth Garcia downgraded Agilent Technologies (NYSE:A) from Buy to Neutral and reduced the price target from $163 to $125.
November 17, 2023 | 9:22 am
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NEGATIVE IMPACT
Agilent Technologies was downgraded by UBS from Buy to Neutral, with a price target decrease from $163 to $125.
Downgrades by analysts can lead to a negative perception among investors, potentially causing a short-term decline in the stock price. The reduction in the price target further suggests a lowered expectation of the company's future performance.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 100