Oppenheimer Maintains Outperform on Ingevity, Lowers Price Target to $50
Portfolio Pulse from Benzinga Newsdesk
Oppenheimer analyst Ian Zaffino maintains an Outperform rating on Ingevity (NYSE:NGVT) but lowers the price target from $58 to $50.
August 01, 2024 | 3:33 pm
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Oppenheimer analyst Ian Zaffino maintains an Outperform rating on Ingevity but lowers the price target from $58 to $50.
The Outperform rating suggests a positive outlook, but the lowered price target indicates some concerns about future performance. This mixed signal is likely to result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100