JP Morgan Initiates Coverage On Leonardo DRS with Neutral Rating, Announces Price Target of $23
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Seth Seifman initiates coverage on Leonardo DRS (NASDAQ:DRS) with a Neutral rating and a price target of $23.

February 26, 2024 | 11:12 am
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NEUTRAL IMPACT
JP Morgan initiated coverage on Leonardo DRS with a Neutral rating and set a price target of $23.
The initiation of coverage by JP Morgan with a Neutral rating and a specific price target provides investors with a new professional analysis to consider. However, the Neutral rating suggests that the analyst sees the stock performing in line with the market, which may not lead to significant short-term price movement.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100