UBS Maintains Neutral on Alignment Healthcare, Lowers Price Target to $8.5
Portfolio Pulse from Benzinga Newsdesk
UBS analyst Kevin Caliendo maintains a Neutral rating on Alignment Healthcare (NASDAQ:ALHC) and lowers the price target from $9 to $8.5.

February 28, 2024 | 6:34 pm
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NEGATIVE IMPACT
UBS analyst Kevin Caliendo maintains a Neutral rating on Alignment Healthcare and lowers the price target from $9 to $8.5.
The reduction in price target by UBS, a major financial institution, could lead to a negative short-term impact on ALHC's stock price as investors adjust their expectations based on the new target. The Neutral rating suggests no significant change in the company's outlook, but the lowered target indicates a slightly less optimistic view on the stock's value.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100