Barclays Maintains Overweight on Icon, Lowers Price Target to $275
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Luke Sergott maintains an Overweight rating on Icon (NASDAQ:ICLR) but lowers the price target from $330 to $275.
October 25, 2024 | 5:47 pm
News sentiment analysis
Sort by:
Descending
NEGATIVE IMPACT
Barclays analyst Luke Sergott maintains an Overweight rating on Icon but lowers the price target from $330 to $275, indicating a more cautious outlook.
The reduction in price target from $330 to $275 by Barclays 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