B of A Securities Maintains Neutral on Sabre, Lowers Price Target to $3
Portfolio Pulse from Benzinga Newsdesk
B of A Securities analyst Victor Cheng maintains a Neutral rating on Sabre (NASDAQ:SABR) and lowers the price target from $4.5 to $3.
April 15, 2024 | 11:10 am
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B of A Securities has maintained a Neutral rating on Sabre and reduced the price target from $4.5 to $3.
The reduction in price target by B of A Securities reflects a less optimistic outlook on Sabre's stock, potentially due to underlying business challenges or market conditions. This adjustment is likely to influence investor sentiment negatively in the short term, leading to a possible decrease in stock price.
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