UBS Downgrades Agiliti to Neutral, Announces $10 Price Target
Portfolio Pulse from Benzinga Newsdesk
UBS analyst Kevin Caliendo downgraded Agiliti (NYSE:AGTI) from Buy to Neutral and set a price target of $10. This adjustment reflects a change in UBS's outlook on Agiliti's stock.
March 07, 2024 | 8:45 am
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Agiliti was downgraded by UBS from Buy to Neutral with a new price target of $10, indicating a more cautious outlook on the stock.
The downgrade from Buy to Neutral by a major analyst like UBS suggests a less optimistic view on Agiliti's future stock performance. This could lead to a short-term negative sentiment among investors, potentially impacting the stock price negatively. The setting of a $10 price target also provides a specific expectation for the stock's future value, which could influence investor decisions.
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