Needham Maintains Buy on Alight, Lowers Price Target to $9
Portfolio Pulse from Benzinga Newsdesk
Needham analyst Kyle Peterson maintains a Buy rating on Alight (NYSE:ALIT) but lowers the price target from $11 to $9.
August 07, 2024 | 11:03 am
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Needham analyst Kyle Peterson maintains a Buy rating on Alight but lowers the price target from $11 to $9.
The Buy rating suggests continued confidence in Alight's long-term prospects, but the lowered price target indicates some caution about short-term performance. This mixed signal is likely to result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100