UBS Downgrades Equitable Hldgs to Neutral, Raises Price Target to $43
Portfolio Pulse from Benzinga Newsdesk
UBS analyst Brian Meredith has downgraded Equitable Holdings (NYSE:EQH) from Buy to Neutral while raising the price target from $40 to $43.
June 18, 2024 | 2:24 pm
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UBS analyst Brian Meredith downgraded Equitable Holdings from Buy to Neutral, but raised the price target from $40 to $43.
The downgrade from Buy to Neutral suggests a less optimistic outlook on the stock's performance, which could lead to a neutral or slightly negative short-term impact. However, the raised price target to $43 indicates some underlying confidence in the company's value, balancing the overall impact.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100