Piper Sandler Downgrades American Finl Gr to Neutral, Announces $129 Price Target
Portfolio Pulse from Benzinga Newsdesk
Piper Sandler analyst Paul Newsome downgrades American Financial Group (AFG) from Overweight to Neutral and sets a $129 price target.

February 08, 2024 | 12:17 pm
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American Financial Group downgraded from Overweight to Neutral by Piper Sandler with a $129 price target.
The downgrade from Overweight to Neutral by a prominent analyst could lead to a negative short-term sentiment among investors, potentially causing a decrease in stock price. The $129 price target suggests a specific valuation expectation, but the downgrade is the primary factor likely to influence short-term price movement.
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