Keybanc Maintains Overweight on Materion, Lowers Price Target to $156
Portfolio Pulse from Benzinga Newsdesk
Keybanc analyst Philip Gibbs has maintained an Overweight rating on Materion (NYSE:MTRN) but has lowered the price target from $157 to $156.

April 01, 2024 | 8:30 am
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NEUTRAL IMPACT
Keybanc maintains an Overweight rating on Materion but lowers the price target from $157 to $156.
The adjustment in price target by Keybanc is minor, suggesting a continued positive outlook on Materion with a slight adjustment in valuation expectations. This indicates a neutral to slightly positive short-term impact on the stock as the Overweight rating is maintained, showing confidence in the company's fundamentals, but the slight decrease in price target may reflect minor concerns or adjustments in market conditions.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100