JP Morgan Maintains Underweight on Resources Connection, Lowers Price Target to $11
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Andrew Steinerman maintains an Underweight rating on Resources Connection (NASDAQ:RGP) and lowers the price target from $12 to $11.
July 23, 2024 | 1:34 pm
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NEGATIVE IMPACT
JP Morgan analyst Andrew Steinerman maintains an Underweight rating on Resources Connection (NASDAQ:RGP) and lowers the price target from $12 to $11.
The Underweight rating and lowered price target from a major financial institution like JP Morgan is likely to negatively impact investor sentiment and short-term stock price of Resources Connection.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100