JP Morgan Maintains Overweight on Icon, Lowers Price Target to $280
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Casey Woodring maintains an Overweight rating on Icon (NASDAQ:ICLR) but lowers the price target from $375 to $280.
October 25, 2024 | 3:49 pm
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JP Morgan has maintained its Overweight rating on Icon but has reduced the price target from $375 to $280, indicating a more cautious outlook.
The reduction in the price target from $375 to $280 by JP Morgan suggests a more cautious outlook on Icon's future performance, which could lead to a short-term negative impact on the stock price. However, the maintained Overweight rating indicates continued confidence in the stock's potential.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100