Barclays Maintains Overweight on Skillsoft, Lowers Price Target to $20
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Carter Gould maintains an Overweight rating on Skillsoft (NYSE:SKIL) but lowers the price target from $25 to $20.
April 16, 2024 | 5:18 pm
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NEUTRAL IMPACT
Barclays maintains an Overweight rating on Skillsoft but reduces the price target from $25 to $20.
The adjustment in price target by a major analyst like Barclays can influence investor perception, potentially leading to short-term price volatility. However, the maintenance of an Overweight rating suggests a positive outlook on the stock, which might mitigate any negative impact from the reduced price target.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100