Barclays Maintains Underweight on SecureWorks, Raises Price Target to $7
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Saket Kalia maintains an Underweight rating on SecureWorks (NASDAQ:SCWX) but raises the price target from $6 to $7.
September 06, 2024 | 1:18 pm
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NEUTRAL IMPACT
Barclays has maintained an Underweight rating on SecureWorks but increased the price target from $6 to $7, indicating a slightly more positive outlook.
The Underweight rating suggests a bearish outlook, but the raised price target indicates a slight improvement in expectations. This mixed signal may result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100