B of A Securities Downgrades Liberty Global to Underperform
Portfolio Pulse from Benzinga Newsdesk
B of A Securities analyst David Wright downgraded Liberty Global (NASDAQ:LBTYA) from Neutral to Underperform, indicating a negative outlook on the company's stock.
February 23, 2024 | 6:29 pm
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Liberty Global was downgraded from Neutral to Underperform by B of A Securities analyst David Wright, suggesting a bearish view on the stock.
Analyst downgrades typically lead to a negative perception among investors, potentially causing a short-term decline in the stock price. The downgrade from Neutral to Underperform signifies a lack of confidence in the company's near-term performance.
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