Citigroup Maintains Neutral on Alight, Lowers Price Target to $16
Citigroup analyst Peter Christiansen maintains Alight (NYSE:ALIT) with a Neutral and lowers the price target from $20 to $16.
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The text discusses recent gains in the stock market, particularly for companies like Napco Security Technologies and SuperX AI Technology. US stocks were mixed, with the Dow Jones index gaining 150 points. Napco Security Technologies rose after better-than-expected results. Other big gainers include SuperX AI, Evolution Metals, and Cleveland-Cliffs.
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Citigroup analyst Peter Christiansen maintains Alight (NYSE:ALIT) with a Neutral and lowers the price target from $20 to $16.
Read original at benzingaAlight (NYSE:ALIT) reported quarterly earnings of $0.91 per share which beat the analyst consensus estimate of $0.76 by 19.74 percent. This is a 54.5 percent decrease over earnings of $2.00 per share from the same
Read original at benzingaUS stocks traded mixed with the Dow Jones index gaining over 150 points. Consumer staples shares jumped while information technology stocks fell. XPeng Inc shares fell 7% due to wider than expected loss and lower revenue outlook.
Read original at benzinga