JP Morgan Initiates Coverage On Centuri Holdings with Neutral Rating, Announces Price Target of $28
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Mark Strouse initiates coverage on Centuri Holdings (NYSE:CTRI) with a Neutral rating and a price target of $28.

May 13, 2024 | 2:13 pm
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JP Morgan initiated coverage on Centuri Holdings with a Neutral rating and a price target of $28.
The initiation of coverage by a major financial institution like JP Morgan generally brings increased attention to a stock. However, the Neutral rating suggests that JP Morgan analysts believe Centuri Holdings is fairly valued at its current price, implying limited upside or downside potential in the short term. The price target of $28 provides a benchmark for investors but does not suggest a significant change from current trading levels.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100