RBC Capital Maintains Outperform on IHS Holding, Lowers Price Target to $7
Portfolio Pulse from Benzinga Newsdesk
RBC Capital has maintained an 'Outperform' rating on IHS Holding but has lowered its price target from $11 to $7.

August 26, 2024 | 1:00 pm
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RBC Capital has maintained an 'Outperform' rating on IHS Holding but has lowered its price target from $11 to $7, indicating a more cautious outlook.
The maintenance of an 'Outperform' rating suggests continued confidence in IHS Holding's performance, but the reduction in the price target from $11 to $7 indicates a more cautious outlook, likely due to changes in market conditions or company performance. This could lead to a short-term negative impact on the stock price as investors adjust their expectations.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100