Truist Securities Downgrades BWX Technologies to Hold, Lowers Price Target to $95
Portfolio Pulse from Benzinga Newsdesk
Truist Securities analyst Michael Ciarmoli downgraded BWX Technologies (BWXT) from Buy to Hold and reduced the price target from $110 to $95.
March 25, 2024 | 1:42 pm
News sentiment analysis
Sort by:
Descending
NEGATIVE IMPACT
BWX Technologies was downgraded by Truist Securities from Buy to Hold, with a price target reduction from $110 to $95.
The downgrade from Buy to Hold suggests a less optimistic outlook on BWXT's stock performance by Truist Securities. The reduction in the price target further indicates a lowered expectation for the stock's future price, which could negatively impact investor sentiment and the stock's short-term price movement.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100