Barclays Maintains Equal-Weight on Revvity, Lowers Price Target to $115
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Luke Sergott maintains an Equal-Weight rating on Revvity (NYSE:RVTY) but lowers the price target from $116 to $115.

June 28, 2024 | 3:56 pm
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Barclays analyst Luke Sergott maintains an Equal-Weight rating on Revvity (NYSE:RVTY) but lowers the price target from $116 to $115.
The Equal-Weight rating suggests a neutral stance, indicating that the stock is expected to perform in line with the market. The slight reduction in the price target from $116 to $115 is minimal and likely reflects minor adjustments in the analyst's valuation model. This news is moderately important for investors as it provides updated guidance but does not indicate a significant change in the company's outlook.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100