Barclays Maintains Overweight on Fortrea Holdings, Lowers Price Target to $35
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Luke Sergott has maintained an Overweight rating on Fortrea Holdings (NASDAQ:FTRE) but reduced the price target from $38 to $35.
January 25, 2024 | 2:45 pm
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Barclays has maintained an Overweight rating on Fortrea Holdings but lowered the price target from $38 to $35.
The reduction in price target by Barclays, despite maintaining an Overweight rating, could lead to a negative perception among investors, potentially causing a short-term dip in Fortrea Holdings' stock price.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100