Roth MKM Downgrades VIZIO Holding to Neutral, Lowers Price Target to $11.5
Portfolio Pulse from Benzinga Newsdesk
Roth MKM analyst Scott Searle downgraded VIZIO Holding (VZIO) from Buy to Neutral and reduced the price target from $12 to $11.5.
February 21, 2024 | 11:06 am
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VIZIO Holding was downgraded by Roth MKM from Buy to Neutral, with a price target reduction from $12 to $11.5.
The downgrade from Buy to Neutral by a notable analyst, along with a reduction in the price target, typically signals a less optimistic outlook on the company's stock performance in the short term. This could lead to a decrease in investor confidence and potentially result in a downward pressure on the stock price.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100