UBS Maintains Neutral on Perimeter Solutions, Raises Price Target to $7
Portfolio Pulse from Benzinga Newsdesk
UBS analyst Joshua Spector maintains a Neutral rating on Perimeter Solutions (NYSE:PRM) and raises the price target from $6.5 to $7.
March 26, 2024 | 1:13 pm
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UBS analyst Joshua Spector maintains a Neutral rating on Perimeter Solutions and raises the price target from $6.5 to $7.
The increase in price target by UBS suggests a positive outlook on the stock's value, potentially leading to short-term price appreciation. However, the Neutral rating indicates that the analyst sees the stock as fairly valued at its current price, suggesting limited upside beyond the new target.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100