CORRECTION: Williams Trading Downgrades Hibbett to Hold, Lowers Price Target to $54 - Analyst Firm Updated
Portfolio Pulse from Benzinga Newsdesk
Williams Trading analyst Sam Poser downgrades Hibbett (NASDAQ:HIBB) from Buy to Hold and lowers the price target from $82 to $54.
May 22, 2023 | 10:46 am
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Hibbett downgraded to Hold by Williams Trading, with a lowered price target of $54.
The downgrade from Buy to Hold and the lowered price target from $82 to $54 by Williams Trading analyst Sam Poser indicates a less optimistic outlook for Hibbett's stock. This could lead to a short-term negative impact on the stock price as investors may adjust their positions based on the new rating and price target.
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IMPORTANCE 80
RELEVANCE 100