JP Morgan Maintains Neutral on Leonardo DRS, Raises Price Target to $25
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Seth Seifman has maintained a Neutral rating on Leonardo DRS (NASDAQ:DRS) and increased the price target from $23 to $25.
February 28, 2024 | 2:35 pm
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JP Morgan has maintained a Neutral rating on Leonardo DRS but raised the price target from $23 to $25.
The increase in price target by JP Morgan suggests a positive outlook on the stock's value, potentially leading to short-term price appreciation. However, the Neutral rating indicates that the stock might not outperform the market significantly.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100