UBS Downgrades Noah Holdings to Neutral, Announces $13 Price Target
Portfolio Pulse from Benzinga Newsdesk
UBS analyst Helen Li has downgraded Noah Holdings from Buy to Neutral, setting a price target of $13.
October 24, 2024 | 5:12 pm
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UBS analyst Helen Li downgraded Noah Holdings from Buy to Neutral, with a new price target of $13.
The downgrade from Buy to Neutral by UBS, along with a specific price target of $13, suggests a less optimistic outlook for Noah Holdings. This is likely to negatively impact the stock price in the short term as investors may adjust their positions based on the new rating and target.
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IMPORTANCE 80
RELEVANCE 100