Craig-Hallum Maintains Buy on Cavco Indus, Lowers Price Target to $338
Portfolio Pulse from Benzinga Newsdesk
Craig-Hallum analyst Greg Palm maintains a Buy rating on Cavco Indus (NASDAQ:CVCO) but lowers the price target from $357 to $338.
May 22, 2023 | 1:06 pm
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Craig-Hallum analyst Greg Palm maintains a Buy rating on Cavco Indus (NASDAQ:CVCO) but lowers the price target from $357 to $338.
The news directly mentions Cavco Indus (NASDAQ:CVCO) and the lowered price target by Craig-Hallum analyst Greg Palm. While the Buy rating is maintained, the lowered price target may have a neutral impact on the stock price in the short term as it indicates a potential decrease in the stock's value, but the Buy rating suggests that the analyst still believes in the company's potential for growth.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100