B of A Securities Downgrades GFL Environmental to Neutral, Announces $35 Price Target
Portfolio Pulse from Benzinga Newsdesk
B of A Securities analyst Michael Feniger downgraded GFL Environmental (NYSE:GFL) from Buy to Neutral and set a price target of $35.
January 19, 2024 | 1:02 pm
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GFL Environmental was downgraded from Buy to Neutral by B of A Securities, with a new price target of $35.
Downgrades typically lead to a negative perception among investors, potentially causing a short-term decline in the stock price. The new price target of $35 provides a benchmark that may influence investor expectations and stock performance.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100