Barclays Maintains Equal-Weight on Definitive Healthcare, Lowers Price Target to $7
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Saket Kalia maintains an Equal-Weight rating on Definitive Healthcare (NASDAQ:DH) and lowers the price target from $11 to $7.

May 09, 2024 | 2:51 pm
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NEGATIVE IMPACT
Barclays maintains an Equal-Weight rating on Definitive Healthcare and lowers the price target from $11 to $7.
The reduction in price target by Barclays, a major financial institution, suggests a bearish outlook on Definitive Healthcare's stock in the short term. This adjustment reflects potentially lower expectations for the company's future performance or market conditions, which could lead to a decrease in investor confidence and a downward pressure on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100