Jefferies Reinstates Hold on Lufax Holding, Announces $3.2 Price Target
Portfolio Pulse from Benzinga Newsdesk
Jefferies analyst Thomas Chong has reinstated a Hold rating on Lufax Holding (NYSE:LU) and set a price target of $3.2.
October 24, 2024 | 11:03 am
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Jefferies analyst Thomas Chong has reinstated a Hold rating on Lufax Holding with a price target of $3.2, indicating a neutral stance on the stock.
The Hold rating suggests that Jefferies does not expect significant short-term movement in Lufax's stock price. The $3.2 price target provides a specific valuation benchmark, but the Hold rating indicates a neutral outlook.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100