UBS Downgrades Centuri Holdings to Neutral, Lowers Price Target to $17
Portfolio Pulse from Benzinga Newsdesk
UBS analyst Steven Fisher has downgraded Centuri Holdings (NYSE:CTRI) from Buy to Neutral and lowered the price target from $30 to $17.
July 30, 2024 | 10:42 am
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UBS analyst Steven Fisher downgraded Centuri Holdings from Buy to Neutral and reduced the price target from $30 to $17, indicating a less optimistic outlook for the stock.
The downgrade from Buy to Neutral and the significant reduction in the price target from $30 to $17 by UBS suggests a less favorable outlook for Centuri Holdings. This is likely to negatively impact the stock price in the short term as investors react to the revised expectations.
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IMPORTANCE 80
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