UBS Maintains Sell on Cohen & Steers, Raises Price Target to $69
Portfolio Pulse from Benzinga Newsdesk
UBS analyst Adam Beatty has maintained a Sell rating on Cohen & Steers (NYSE:CNS) and increased the price target from $68 to $69.

January 10, 2024 | 1:35 pm
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UBS analyst Adam Beatty maintains a Sell rating on Cohen & Steers but raises the price target from $68 to $69.
The maintenance of a Sell rating suggests that UBS analyst Adam Beatty believes that Cohen & Steers' stock may not perform well in the near term. However, the increase in the price target from $68 to $69 indicates a slightly more positive outlook on the stock's value, albeit still underperforming according to the analyst's view. This could lead to a mixed reaction in the market, with the negative sentiment of the Sell rating potentially outweighing the minor increase in the price target.
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IMPORTANCE 70
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