Barclays Maintains Equal-Weight on Integral Ad Science, Lowers Price Target to $12
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Raimo Lenschow has maintained an Equal-Weight rating on Integral Ad Science (NASDAQ:IAS) but lowered the price target from $16 to $12.
April 15, 2024 | 12:59 pm
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Barclays maintains an Equal-Weight rating on Integral Ad Science but lowers the price target from $16 to $12.
The reduction in price target by Barclays, a major financial institution, could lead to a negative short-term sentiment among investors, potentially causing a decrease in the stock price of Integral Ad Science. The maintenance of an Equal-Weight rating suggests that the analyst sees the company as fairly valued at its current price, but the lowered price target indicates a revision of the expected future performance of the company.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100