Citigroup Maintains Neutral on Atkore, Lowers Price Target to $188
Portfolio Pulse from Benzinga Newsdesk
Citigroup analyst Andrew Kaplowitz has maintained a Neutral rating on Atkore (NYSE:ATKR) and reduced the price target from $200 to $188.
May 08, 2024 | 7:36 pm
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Citigroup has maintained its Neutral rating on Atkore but lowered the price target from $200 to $188.
The reduction in price target by Citigroup, a major financial institution, could lead to a negative short-term sentiment among investors, potentially causing a decrease in Atkore's stock price. The Neutral rating suggests no significant positive catalysts are expected to drive the stock higher in the near term.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100