Citigroup Downgrades American Finl Gr to Neutral, Lowers Price Target to $137
Portfolio Pulse from Benzinga Newsdesk
Citigroup analyst Michael Ward has downgraded American Financial Group (NYSE: AFG) from Buy to Neutral and lowered the price target from $144 to $137.
June 28, 2024 | 3:04 pm
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Citigroup analyst Michael Ward downgraded American Financial Group from Buy to Neutral and reduced the price target from $144 to $137.
The downgrade from Buy to Neutral and the reduction in the price target from $144 to $137 by Citigroup is likely to negatively impact AFG's stock price in the short term as it reflects a less optimistic outlook from a major financial institution.
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