UBS Maintains Neutral on Allegion, Raises Price Target to $132
Portfolio Pulse from Benzinga Newsdesk
UBS analyst Chris Snyder maintains a Neutral rating on Allegion (NYSE:ALLE) and raises the price target from $113 to $132.

April 16, 2024 | 12:41 pm
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UBS maintains a Neutral rating on Allegion and raises the price target from $113 to $132.
The increase in price target by UBS suggests a positive outlook on Allegion's stock value in the short term, despite maintaining a Neutral rating. This adjustment reflects an expectation of stock performance improvement, likely influencing investor sentiment positively.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100