Sidoti & Co. Downgrades Barrett Bus Servs to Neutral, Maintains Price Target to $140
Portfolio Pulse from Benzinga Newsdesk
Sidoti & Co. has downgraded Barrett Business Services (NASDAQ:BBSI) from Buy to Neutral, while maintaining the price target at $140.
June 05, 2024 | 3:38 pm
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NEGATIVE IMPACT
Sidoti & Co. has downgraded Barrett Business Services from Buy to Neutral, while maintaining the price target at $140. This downgrade may lead to a short-term negative sentiment among investors.
The downgrade from Buy to Neutral by Sidoti & Co. suggests a less optimistic outlook for Barrett Business Services. Maintaining the price target at $140 indicates no expected upside, which may lead to a short-term negative sentiment among investors.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100