Stifel Maintains Buy on Veralto, Lowers Price Target to $82
Portfolio Pulse from Benzinga Newsdesk
Stifel analyst Nathan Jones has maintained a Buy rating on Veralto (NYSE:VLTO) but has reduced the price target from $83 to $82.
January 23, 2024 | 7:55 pm
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NEUTRAL IMPACT
Stifel maintains a Buy rating on Veralto but lowers the price target from $83 to $82, indicating a slight adjustment in valuation.
The reduction in price target by Stifel is minor, suggesting a small adjustment in the expected valuation of Veralto. However, the Buy rating being maintained is a positive signal. The impact on the stock price is likely to be neutral in the short term as the decrease in target is not significant and does not change the overall positive outlook.
CONFIDENCE 90
IMPORTANCE 60
RELEVANCE 100