Barclays Maintains Equal-Weight on Catalent, Raises Price Target to $47
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Luke Sergott has maintained an Equal-Weight rating on Catalent (NYSE:CTLT) and increased the price target from $45 to $47.
January 25, 2024 | 2:42 pm
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Barclays has maintained an Equal-Weight rating on Catalent and raised the price target from $45 to $47, indicating a positive outlook on the stock.
The increase in price target by Barclays reflects a positive sentiment towards Catalent's stock, suggesting potential upside. As price targets can influence investor perception and stock price, this revision could lead to a short-term increase in Catalent's stock price.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100