Barrington Research Maintains Outperform on ACCO Brands, Lowers Price Target to $7.5
Portfolio Pulse from Benzinga Newsdesk
Barrington Research analyst Kevin Steinke has maintained an Outperform rating on ACCO Brands (NYSE:ACCO) but reduced the price target from $8 to $7.5.
December 04, 2023 | 5:50 pm
News sentiment analysis
Sort by:
Ascending
NEUTRAL IMPACT
ACCO Brands' Outperform rating is maintained by Barrington Research, but the price target is lowered from $8 to $7.5.
While the maintenance of an Outperform rating suggests continued confidence in ACCO Brands' performance, the reduction in price target could indicate a reassessment of the company's growth prospects or market conditions, potentially leading to a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100