Roth MKM Maintains Neutral on MBIA, Lowers Price Target to $7
Portfolio Pulse from Benzinga Newsdesk
Roth MKM analyst Harry Fong has maintained a Neutral rating on MBIA Inc. (NYSE:MBI) and has lowered the price target from $15 to $7.
December 19, 2023 | 2:21 pm
News sentiment analysis
Sort by:
Ascending
NEGATIVE IMPACT
Roth MKM analyst Harry Fong has maintained a Neutral rating on MBIA Inc. but has significantly reduced the price target from $15 to $7.
The reduction in price target by Roth MKM is substantial, indicating a change in the firm's valuation assessment of MBIA Inc. This could lead to negative investor sentiment and a potential decrease in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100