B of A Securities Downgrades Centuri Holdings to Underperform, Lowers Price Target to $21
Portfolio Pulse from Benzinga Newsdesk
B of A Securities has downgraded Centuri Holdings (NYSE:CTRI) from Neutral to Underperform and lowered the price target from $26 to $21.

June 27, 2024 | 10:22 am
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B of A Securities has downgraded Centuri Holdings from Neutral to Underperform and reduced the price target from $26 to $21, indicating a negative outlook.
The downgrade from Neutral to Underperform by a major analyst firm like B of A Securities, along with a significant reduction in the price target, suggests a negative short-term outlook for Centuri Holdings. This is likely to result in a decrease in the stock price as investors react to the downgrade.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100