JPMorgan initiated coverage of NIQ (NIQ) with an Overweight rating and $21 price target The firm says NIQ is the leader in global consumer product measurement. The company’s heavy debt load and low free cash flow conversion are more than captured in the stock’s current valuation, the analyst tells investors in a research note.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on NIQ:
- NIQ Global Intelligence PLC: Strong Growth Potential and Strategic Positioning Justify Buy Rating
- NIQ Global Intelligence PLC: Strategic Investments and Leadership Propel Buy Rating
- NIQ Global Intelligence PLC: Strategic Transformation and Growth Opportunities Drive Buy Rating
- Promising Growth and Stability: NIQ Global Intelligence PLC Receives Buy Rating Amid Strategic Investments and Market Expansion
- NIQ initiated with an Overweight at Barclays