Barclays Downgrades OneMain Holdings to Equal-Weight, Lowers Price Target to $46
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Terry Ma has downgraded OneMain Holdings (NYSE:OMF) from Overweight to Equal-Weight and reduced the price target from $52 to $46.
October 08, 2024 | 4:52 pm
News sentiment analysis
Sort by:
Descending
NEGATIVE IMPACT
Barclays has downgraded OneMain Holdings from Overweight to Equal-Weight, reducing the price target from $52 to $46. This suggests a less optimistic outlook on the stock's performance.
The downgrade from Overweight to Equal-Weight indicates a shift from a positive to a more neutral stance by Barclays, which could lead to selling pressure. The lowered price target also suggests reduced expectations for future stock performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100