JP Morgan Maintains Neutral on ATS, Lowers Price Target to $31
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Stephen Tusa maintains a Neutral rating on ATS (NYSE:ATS) but lowers the price target from $36 to $31.
August 13, 2024 | 12:40 pm
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NEGATIVE IMPACT
JP Morgan analyst Stephen Tusa maintains a Neutral rating on ATS but lowers the price target from $36 to $31.
The lowered price target from $36 to $31 by a major financial institution like JP Morgan suggests a less optimistic outlook for ATS, which could negatively impact investor sentiment and the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100