Barclays Maintains Underweight on SiteOne Landscape Supply, Lowers Price Target to $133
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Matthew Bouley has maintained an Underweight rating on SiteOne Landscape Supply (NYSE:SITE) and reduced the price target from $145 to $133.
May 02, 2024 | 6:08 pm
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Barclays has maintained an Underweight rating on SiteOne Landscape Supply and lowered the price target from $145 to $133.
The reduction in price target by Barclays, accompanied by an Underweight rating, suggests a bearish outlook on the stock. This could lead to a negative short-term impact on SITE's stock price as market participants adjust their expectations based on this new analyst rating and price target.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100