BofA lowered the firm’s price target on NIQ Global (NIQ) to $16 from $20 and keeps a Buy rating on the shares. “Solid” Q1 execution is being overshadowed by growth concerns and “mixed guidance flags near term caution,” the analyst tells investors.
Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on NIQ:
- NIQ Global price target lowered to $14 from $20 at Baird
- NIQ Global Intelligence Highlights Growth, Margins and AI
- Midday Fly By: Cisco reports Q3 beat, Chinese firms cleared to buy Nvidia chips
- NIQ Global reports Q1 adjusted EPS 15c, consensus 10c
- NIQ Global sees Q2 adjusted EPS 19c-21c, consensus 22c