Keybanc Maintains Overweight on Alight, Lowers Price Target to $11
Portfolio Pulse from Benzinga Newsdesk
Keybanc analyst Scott Schoenhaus maintains an Overweight rating on Alight (NYSE:ALIT) but lowers the price target from $12 to $11.

May 09, 2024 | 3:20 pm
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NEUTRAL IMPACT
Keybanc maintains an Overweight rating on Alight but lowers the price target from $12 to $11.
While the reduction in price target could suggest a tempered outlook on Alight's future performance, the maintenance of an Overweight rating indicates a continued positive view on the stock's potential. This mixed signal might lead to a neutral short-term impact on Alight's stock price as investors weigh the lowered price target against the analyst's ongoing confidence in the stock.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100