Benchmark Maintains Buy on Stagwell, Lowers Price Target to $8.5
Portfolio Pulse from Benzinga Newsdesk
Benchmark analyst Mark Zgutowicz maintains a Buy rating on Stagwell (NASDAQ:STGW) but lowers the price target from $9 to $8.5.

August 05, 2024 | 1:40 pm
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NEUTRAL IMPACT
Benchmark analyst Mark Zgutowicz maintains a Buy rating on Stagwell but lowers the price target from $9 to $8.5.
The Buy rating suggests continued confidence in Stagwell's performance, but the lowered price target indicates some caution about its short-term prospects. This mixed signal is likely to result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100