RBC Capital Downgrades Atkore to Sector Perform, Lowers Price Target to $100
Portfolio Pulse from Benzinga Newsdesk
RBC Capital has downgraded Atkore (NYSE:ATKR) from Outperform to Sector Perform and lowered its price target from $175 to $100.
August 07, 2024 | 3:21 pm
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NEGATIVE IMPACT
RBC Capital has downgraded Atkore from Outperform to Sector Perform and significantly lowered the price target from $175 to $100.
The downgrade from Outperform to Sector Perform and the substantial reduction in the price target from $175 to $100 by RBC Capital is likely to negatively impact Atkore's stock price in the short term. This indicates a less favorable outlook from the analyst.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100