Vertical Research Downgrades Huntington Ingalls Indus to Hold, Announces $275 Price Target
Portfolio Pulse from Benzinga Newsdesk
Vertical Research has downgraded Huntington Ingalls Industries (NYSE:HII) from Buy to Hold, setting a price target of $275.
October 10, 2024 | 10:05 am
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Vertical Research downgraded Huntington Ingalls Industries from Buy to Hold, with a new price target of $275. This suggests a more cautious outlook on the stock.
The downgrade from Buy to Hold indicates a less optimistic view on HII's stock performance, which could lead to a short-term negative impact on its stock price. The price target of $275 suggests limited upside potential.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100