Barclays Initiates Coverage On Surgery Partners with Equal-Weight Rating, Announces Price Target of $35
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Andrew Mok initiates coverage on Surgery Partners (NASDAQ:SGRY) with an Equal-Weight rating and a price target of $35.

March 06, 2024 | 12:00 pm
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Barclays initiated coverage on Surgery Partners with an Equal-Weight rating and a price target of $35.
The initiation of coverage by Barclays with an Equal-Weight rating and a specific price target provides investors with a new professional analysis to consider. However, the Equal-Weight rating suggests that Barclays views the stock as fairly valued at its current price, implying a neutral short-term price movement expectation. The price target of $35 offers a benchmark for future performance evaluation but does not strongly suggest significant upside or downside, hence the neutral score.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100