Roth MKM Downgrades MBIA to Neutral, Announces $15 Price Target
Portfolio Pulse from Benzinga Newsdesk
Roth MKM analyst Harry Fong has downgraded MBIA Inc. (NYSE:MBI) from Buy to Neutral and set a price target of $15.
December 08, 2023 | 11:54 am
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MBIA Inc. was downgraded by Roth MKM from Buy to Neutral with a new price target of $15.
Downgrades by analysts can lead to a negative perception among investors, potentially causing a short-term decline in the stock price. The new price target of $15 provides a benchmark that investors may use to adjust their expectations for the stock's future performance.
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