EF Hutton Maintains Buy on Grom Social Enterprises, Lowers Price Target to $0.6
Portfolio Pulse from Benzinga Newsdesk
EF Hutton analyst Edward Reilly maintains a Buy rating on Grom Social Enterprises (NASDAQ:GROM) but lowers the price target from $1 to $0.6.
May 18, 2023 | 6:24 pm
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NEUTRAL IMPACT
EF Hutton maintains a Buy rating on Grom Social Enterprises (NASDAQ:GROM) but lowers the price target from $1 to $0.6.
The news directly mentions Grom Social Enterprises (GROM) and the lowered price target by EF Hutton. While the Buy rating is maintained, the lower price target may cause mixed reactions among investors, leading to a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100