Redburn Atlantic Downgrades Morningstar to Neutral, Announces $340 Price Target
Portfolio Pulse from Benzinga Newsdesk
Redburn Atlantic has downgraded Morningstar from Buy to Neutral, setting a price target of $340.
October 09, 2024 | 4:22 pm
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NEGATIVE IMPACT
Redburn Atlantic has downgraded Morningstar from Buy to Neutral, with a new price target of $340. This downgrade may influence investor sentiment and impact the stock price in the short term.
The downgrade from Buy to Neutral by a reputable analyst can lead to a negative sentiment among investors, potentially causing a short-term decline in the stock price. The new price target of $340 also suggests limited upside potential.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100