GHL - Piper Sandler cuts PT on Greenhill reaffirms Neutral rating
- Piper Sandler on Friday lowered its price target on Greenhill ( NYSE: GHL ) to $10 from $14.50, implying a potential upside of 11.4% to its last close.
- The brokerage maintained its Neutral rating on GHL, in-line with sell-side rating of Hold .
- However, SA Quant system rates the stock Sell , saying GHL is at high risk of performing badly due to decelerating momentum and negative EPS revisions vs. other financial stocks
- GHL stock, which fell ~4% on Friday, has declined ~54% YTD.
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Piper Sandler cuts PT on Greenhill, reaffirms Neutral rating