B of A Securities Maintains Neutral on GE HealthCare Techs, Lowers Price Target to $86
Portfolio Pulse from Benzinga Newsdesk
B of A Securities analyst Craig Bijou maintains a Neutral rating on GE HealthCare Techs (NASDAQ:GEHC) and lowers the price target from $94 to $86.
May 01, 2024 | 5:08 pm
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NEGATIVE IMPACT
B of A Securities maintains a Neutral rating on GE HealthCare Techs and lowers the price target from $94 to $86.
The reduction in price target by B of A Securities reflects a negative outlook on GE HealthCare Techs' short-term stock price performance. A lower price target, especially when maintained by a reputable analyst firm, can lead to decreased investor confidence and potentially a decrease in stock price in the short term.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100