UBS Maintains Neutral on PJT Partners, Raises Price Target to $100
Portfolio Pulse from Benzinga Newsdesk
UBS analyst Brennan Hawken has maintained a Neutral rating on PJT Partners (NYSE:PJT) and increased the price target from $86 to $100.
January 09, 2024 | 4:09 pm
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POSITIVE IMPACT
UBS has maintained a Neutral rating on PJT Partners but raised the price target from $86 to $100, indicating a positive outlook on the stock's value.
The increase in price target by UBS suggests that the analyst sees potential for the stock to rise to the new target, which could positively influence investor sentiment and the stock price in the short term. However, the Neutral rating indicates that the analyst does not see significant catalysts for a more aggressive investment stance, which tempers the potential impact.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100