UBS Downgrades Atlantica Sustainable to Neutral, Lowers Price Target to $22
Portfolio Pulse from Benzinga Newsdesk
UBS analyst William Grippin has downgraded Atlantica Sustainable (NASDAQ:AY) from Buy to Neutral and lowered the price target from $25 to $22.
May 30, 2024 | 2:47 pm
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NEGATIVE IMPACT
UBS analyst William Grippin downgraded Atlantica Sustainable from Buy to Neutral and reduced the price target from $25 to $22.
The downgrade from Buy to Neutral and the reduction in the price target from $25 to $22 by UBS is likely to negatively impact investor sentiment and could lead to a short-term decline in the stock price of Atlantica Sustainable.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100