Deutsche Bank Maintains Buy on Liberty Broadband, Lowers Price Target to $90
Portfolio Pulse from Benzinga Newsdesk
Deutsche Bank analyst Bryan Kraft maintains a Buy rating on Liberty Broadband (NASDAQ:LBRDA) but lowers the price target from $104 to $90.
August 16, 2024 | 5:37 pm
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NEUTRAL IMPACT
Deutsche Bank maintains a Buy rating on Liberty Broadband but lowers the price target from $104 to $90.
The maintained Buy rating suggests continued confidence in Liberty Broadband's long-term prospects. However, the lowered price target indicates some concerns or adjustments in valuation, which could lead to mixed short-term reactions in the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100