Barclays Maintains Underweight on SiteOne Landscape Supply, Lowers Price Target to $129
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Matthew Bouley maintains an Underweight rating on SiteOne Landscape Supply (NYSE:SITE) and lowers the price target from $133 to $129.
June 05, 2024 | 3:14 pm
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Barclays analyst Matthew Bouley maintains an Underweight rating on SiteOne Landscape Supply and lowers the price target from $133 to $129.
The Underweight rating and lowered price target from $133 to $129 by Barclays suggest a bearish outlook on SiteOne Landscape Supply. This is likely to negatively impact the stock price in the short term as investors react to the downgraded expectations.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100