Barclays Maintains Underweight on Allegion, Raises Price Target to $117
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Julian Mitchell maintains an Underweight rating on Allegion (NYSE:ALLE) but raises the price target from $112 to $117.

July 25, 2024 | 12:21 pm
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Barclays analyst Julian Mitchell maintains an Underweight rating on Allegion but raises the price target from $112 to $117.
The Underweight rating suggests a bearish outlook, but the raised price target indicates some positive expectations. The mixed signals likely result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100