Baird Maintains Neutral on Allegion, Raises Price Target to $152
Portfolio Pulse from Benzinga Newsdesk
Baird analyst Timothy Wojs maintains a Neutral rating on Allegion (NYSE:ALLE) and raises the price target from $145 to $152.
October 25, 2024 | 12:29 pm
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Baird analyst Timothy Wojs has maintained a Neutral rating on Allegion and increased the price target from $145 to $152, indicating a positive outlook.
The increase in price target from $145 to $152 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 70
RELEVANCE 100