Barclays Maintains Underweight on Kronos Worldwide, Raises Price Target to $10
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Michael Leithead maintains an Underweight rating on Kronos Worldwide (NYSE:KRO) but raises the price target from $9 to $10.
September 25, 2024 | 3:45 pm
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Barclays has maintained an Underweight rating on Kronos Worldwide but increased the price target from $9 to $10, indicating a slightly more positive outlook.
The increase in the price target from $9 to $10 suggests a slightly improved outlook for Kronos Worldwide, but the maintained Underweight rating indicates that the analyst still sees potential downside or underperformance relative to the market. This mixed signal may result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100