B of A Securities Downgrades Terran Orbital to Underperform, Lowers Price Target to $1.35
Portfolio Pulse from richadhand@benzinga.com
B of A Securities analyst Ronald Epstein downgraded Terran Orbital (NYSE:LLAP) from Buy to Underperform and lowered the price target from $7 to $1.35.
May 26, 2023 | 1:37 pm
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NEGATIVE IMPACT
Terran Orbital downgraded to Underperform by B of A Securities, with a lowered price target of $1.35.
The downgrade from Buy to Underperform and the significant reduction in the price target from $7 to $1.35 by B of A Securities analyst Ronald Epstein indicate a negative outlook for Terran Orbital's stock. This is likely to have a negative impact on the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100