Barclays Maintains Equal-Weight on Latham Group, Lowers Price Target to $2.5
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Matthew Bouley has maintained an Equal-Weight rating on Latham Group (NASDAQ:SWIM) and reduced the price target from $3 to $2.5.
March 13, 2024 | 10:29 am
News sentiment analysis
Sort by:
Ascending
NEGATIVE IMPACT
Barclays has maintained an Equal-Weight rating on Latham Group but lowered the price target from $3 to $2.5.
The reduction in price target by Barclays, a major financial institution, suggests a less optimistic outlook on Latham Group's stock value in the short term. This adjustment could lead to a negative perception among investors, potentially causing a decrease in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100