Barclays Downgrades BWX Technologies to Underweight, Raises Price Target to $90
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst David Strauss has downgraded BWX Technologies (NYSE:BWXT) from Equal-Weight to Underweight, while raising the price target from $75 to $90.
July 25, 2024 | 12:16 pm
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Barclays analyst David Strauss downgraded BWX Technologies from Equal-Weight to Underweight, while raising the price target from $75 to $90.
The downgrade to Underweight suggests a negative outlook on BWX Technologies' stock performance, which could lead to a short-term decline in its stock price. However, the raised price target to $90 indicates some positive long-term potential.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100