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NIQ Global price target lowered to $20 from $24 at Baird

As previously reported, Baird analyst Jeffrey Meuler lowered the firm’s price target on NIQ Global (NIQ) to $20 from $24 and keeps an Outperform rating on the shares. The firm updated its model following the “surprise announcement” of COO Tracey Massey’s departure, which the firm believes warrants caution in the near-term. This note corrects a prior version to correctly note the executive who departed.

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