JP Morgan Downgrades Altus Power to Neutral
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Mark Strouse has downgraded Altus Power (NYSE:AMPS) from Overweight to Neutral.
May 15, 2024 | 4:17 pm
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JP Morgan analyst Mark Strouse has downgraded Altus Power from Overweight to Neutral, indicating a less bullish outlook on the stock.
A downgrade from a major financial institution like JP Morgan typically signals a less optimistic view on the stock, which can lead to a decrease in investor confidence and a potential short-term decline in the stock price.
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IMPORTANCE 80
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