Barclays Maintains Equal-Weight on Liberty Global, Lowers Price Target to $20
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Maurice Patrick maintains an Equal-Weight rating on Liberty Global (NASDAQ:LBTYA) and lowers the price target from $22 to $20.
May 03, 2024 | 2:34 pm
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Barclays maintains an Equal-Weight rating on Liberty Global and lowers the price target from $22 to $20.
The reduction in price target by Barclays, a major financial institution, suggests a bearish outlook on Liberty Global's short-term stock performance. This adjustment reflects potentially lower expectations for the company's future financial performance or market position, which could lead to a decrease in investor confidence and a subsequent drop in stock price.
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