TD Cowen Maintains Outperform on IHS Holding, Lowers Price Target to $15
Portfolio Pulse from Benzinga Newsdesk
TD Cowen analyst Gregory Williams maintains an Outperform rating on IHS Holding (NYSE:IHS) but lowers the price target from $19 to $15.
March 13, 2024 | 12:14 pm
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NEUTRAL IMPACT
TD Cowen maintains an Outperform rating on IHS Holding but lowers the price target from $19 to $15.
While the maintenance of an Outperform rating indicates continued confidence in IHS Holding's potential, the reduction in price target could suggest a reassessment of near-term growth expectations or market conditions. This mixed signal might lead to short-term uncertainty among investors, potentially stabilizing the stock price as the market digests the implications.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100