Keefe, Bruyette & Woods Maintains Market Perform on MBIA, Lowers Price Target to $9
Portfolio Pulse from Benzinga Newsdesk
Keefe, Bruyette & Woods analyst Thomas McJoynt-Griffith has maintained a Market Perform rating on MBIA Inc. (NYSE:MBI) but has lowered the price target from $10 to $9.
November 17, 2023 | 2:30 pm
News sentiment analysis
Sort by:
Descending
NEGATIVE IMPACT
MBIA Inc.'s stock may face downward pressure after Keefe, Bruyette & Woods lowered its price target from $10 to $9 while maintaining a Market Perform rating.
The reduction in price target by a reputable analyst firm like Keefe, Bruyette & Woods can lead to a negative investor sentiment in the short term, potentially causing a decrease in the stock price of MBIA Inc.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100