JP Morgan Maintains Neutral on ATS, Lowers Price Target to $38
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Stephen Tusa maintains a Neutral rating on ATS (NYSE:ATS) but lowers the price target from $43 to $38.
May 24, 2024 | 2:22 pm
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NEGATIVE IMPACT
JP Morgan analyst Stephen Tusa maintains a Neutral rating on ATS but lowers the price target from $43 to $38.
The lowered price target from $43 to $38 by a reputable analyst like Stephen Tusa at JP Morgan suggests a less optimistic outlook for ATS, which could negatively impact investor sentiment and short-term stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100