Citigroup Maintains Buy on Altus Power, Lowers Price Target to $5.5
Portfolio Pulse from Benzinga Newsdesk
Citigroup analyst Ryan Levine maintains a Buy rating on Altus Power but lowers the price target from $7 to $5.5.

October 22, 2024 | 4:59 pm
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NEUTRAL IMPACT
Citigroup analyst Ryan Levine maintains a Buy rating on Altus Power but lowers the price target from $7 to $5.5.
The maintenance of a Buy rating suggests continued confidence in Altus Power's potential, but the lowered price target indicates a more cautious outlook on its short-term valuation. This mixed signal may result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100