Barclays Maintains Underweight on Allegion, Raises Price Target to $137
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Julian Mitchell maintains an Underweight rating on Allegion (NYSE:ALLE) but raises the price target from $135 to $137.
October 28, 2024 | 2:07 pm
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NEUTRAL IMPACT
Barclays analyst Julian Mitchell maintains an Underweight rating on Allegion but raises the price target from $135 to $137.
The Underweight rating suggests a bearish outlook, but the slight increase in the price target indicates some positive expectations. The net impact is neutral as the rating remains unchanged.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100