Keefe, Bruyette & Woods Maintains Market Perform on MBIA, Lowers Price Target to $6.5
Portfolio Pulse from Benzinga Newsdesk
Keefe, Bruyette & Woods analyst Thomas McJoynt-Griffith maintains a Market Perform rating on MBIA (NYSE:MBI) but lowers the price target from $7.5 to $6.5.
May 31, 2024 | 11:24 am
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Keefe, Bruyette & Woods analyst Thomas McJoynt-Griffith maintains a Market Perform rating on MBIA but lowers the price target from $7.5 to $6.5.
The lowered price target from $7.5 to $6.5 suggests a less optimistic outlook for MBIA, which could negatively impact investor sentiment and short-term stock price.
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