UBS Maintains Buy on Finance of America, Lowers Price Target to $14
Portfolio Pulse from Benzinga Newsdesk
UBS analyst Douglas Harter maintains a Buy rating on Finance of America (NYSE:FOA) but lowers the price target from $15 to $14.
September 05, 2024 | 1:28 pm
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NEUTRAL IMPACT
UBS analyst Douglas Harter maintains a Buy rating on Finance of America but lowers the price target from $15 to $14, indicating a slight decrease in expected valuation.
The maintained Buy rating suggests continued confidence in FOA's performance, but the lowered price target indicates a slight reduction in expected valuation. This could lead to a neutral short-term impact as the overall sentiment remains positive.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100