Loop Capital Downgrades Altair Engineering to Hold, Announces $113 Price Target
Portfolio Pulse from Benzinga Newsdesk
Loop Capital has downgraded Altair Engineering from Buy to Hold, setting a price target of $113.
October 31, 2024 | 11:32 am
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NEGATIVE IMPACT
Loop Capital has downgraded Altair Engineering from Buy to Hold, with a new price target of $113.
The downgrade from Buy to Hold by Loop Capital suggests a less optimistic outlook for Altair Engineering, which could lead to a negative short-term impact on its stock price. The $113 price target provides a specific valuation expectation.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100