Roth MKM Maintains Neutral on MBIA, Lowers Price Target to $4.5
Portfolio Pulse from Benzinga Newsdesk
Roth MKM analyst Harry Fong maintains a Neutral rating on MBIA (NYSE:MBI) but lowers the price target from $7 to $4.5.
August 07, 2024 | 5:01 pm
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NEGATIVE IMPACT
Roth MKM analyst Harry Fong maintains a Neutral rating on MBIA but lowers the price target from $7 to $4.5.
The lowered price target from $7 to $4.5 by Roth MKM suggests a negative outlook on MBIA's stock performance, likely leading to a short-term decline in its stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100