Barclays Maintains Underweight on NL Industries, Raises Price Target to $6
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Duffy Fischer maintains an Underweight rating on NL Industries but raises the price target from $5 to $6.
September 25, 2024 | 3:51 pm
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NEUTRAL IMPACT
Barclays analyst Duffy Fischer maintains an Underweight rating on NL Industries, indicating a cautious outlook, but raises the price target from $5 to $6, suggesting a slight improvement in expected performance.
The Underweight rating suggests a negative outlook, but the increase in price target from $5 to $6 indicates some positive expectations. This mixed signal may lead to a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100