Barclays Maintains Underweight on MeridianLink, Lowers Price Target to $20
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Saket Kalia maintains an Underweight rating on MeridianLink (NYSE:MLNK) and lowers the price target from $23 to $20.
March 07, 2024 | 12:12 pm
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Barclays maintains an Underweight rating on MeridianLink and lowers the price target from $23 to $20.
The reduction in price target by Barclays, a major financial institution, signals a bearish outlook on MeridianLink's stock. This could lead to a decrease in investor confidence and potentially lower stock prices in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100