Barclays Maintains Underweight on Valhi, Raises Price Target to $20
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Michael Leithead maintains an Underweight rating on Valhi (NYSE:VHI) but raises the price target from $11 to $20.
September 25, 2024 | 3:58 pm
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Barclays has maintained an Underweight rating on Valhi but increased the price target from $11 to $20, indicating a more positive outlook despite the cautious rating.
The increase in the price target from $11 to $20 suggests that Barclays sees potential upside in Valhi's stock, despite maintaining an Underweight rating. This could lead to a positive short-term impact on the stock price as investors may interpret the higher price target as a sign of improved prospects.
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IMPORTANCE 80
RELEVANCE 100