Barclays Maintains Overweight on Icon, Lowers Price Target to $330
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Luke Sergott maintains an Overweight rating on Icon (NASDAQ:ICLR) but lowers the price target from $350 to $330.
October 15, 2024 | 6:50 pm
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Barclays analyst Luke Sergott maintains an Overweight rating on Icon but lowers the price target from $350 to $330, indicating a slightly less optimistic outlook.
The maintenance of an Overweight rating suggests continued confidence in Icon's performance, but the lowered price target from $350 to $330 indicates a slightly less optimistic view on its short-term price potential. This could lead to a minor negative impact on the stock price as investors adjust expectations.
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