Mizuho Maintains Neutral on Allegion, Raises Price Target to $150
Portfolio Pulse from Benzinga Newsdesk
Mizuho analyst Brett Linzey maintains a Neutral rating on Allegion (NYSE:ALLE) but raises the price target from $135 to $150.

October 17, 2024 | 11:37 am
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Mizuho analyst Brett Linzey maintains a Neutral rating on Allegion but raises the price target from $135 to $150, indicating a positive outlook.
The increase in price target from $135 to $150 suggests a positive outlook for Allegion, which could lead to a short-term price increase. However, the Neutral rating indicates that the analyst does not see a strong buy opportunity, balancing the impact.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100