Barclays Maintains Underweight on Clarivate, Lowers Price Target to $5
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Manav Patnaik maintains an Underweight rating on Clarivate (NYSE:CLVT) and lowers the price target from $6 to $5.
August 07, 2024 | 4:45 pm
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Barclays analyst Manav Patnaik maintains an Underweight rating on Clarivate (NYSE:CLVT) and lowers the price target from $6 to $5.
The Underweight rating and lowered price target from $6 to $5 by Barclays suggest a negative outlook on Clarivate's stock performance. This is likely to result in a short-term decline in the stock price as investors react to the bearish sentiment.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100