Citigroup Upgrades Sotera Health to Buy, Lowers Price Target to $16
Portfolio Pulse from Benzinga Newsdesk
Citigroup analyst Patrick Donnelly upgraded Sotera Health (NASDAQ:SHC) from Neutral to Buy but lowered the price target from $18 to $16.

April 03, 2024 | 2:37 pm
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Citigroup upgraded Sotera Health to Buy from Neutral, although the price target was reduced from $18 to $16.
The upgrade to Buy reflects a positive outlook on Sotera Health's stock, suggesting confidence in its future performance. However, the reduction in the price target indicates some caution regarding the stock's valuation or potential headwinds. Overall, this could lead to increased investor interest and potentially a short-term uptick in SHC's stock price, despite the lowered price target.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100