UBS Maintains Neutral on Portillos, Lowers Price Target to $13
Portfolio Pulse from Benzinga Newsdesk
UBS analyst Dennis Geiger maintains a Neutral rating on Portillo's (NASDAQ:PTLO) and lowers the price target from $18 to $13.
May 08, 2024 | 1:45 pm
News sentiment analysis
Sort by:
Ascending
NEGATIVE IMPACT
UBS analyst Dennis Geiger maintains a Neutral rating on Portillo's but lowers the price target from $18 to $13.
The reduction in price target by a significant margin from $18 to $13 by a major analyst could lead to negative sentiment among investors, potentially causing a short-term decline in PTLO's stock price.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100