Williams Trading Downgrades Hibbett to Sell, Lowers Price Target to $37
Portfolio Pulse from Benzinga Newsdesk
Williams Trading analyst Sam Poser downgrades Hibbett (NASDAQ:HIBB) from Hold to Sell and lowers the price target from $54 to $37.
May 26, 2023 | 3:51 pm
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Hibbett downgraded to Sell by Williams Trading, with a lowered price target of $37 from $54.
The downgrade from Hold to Sell and the lowered price target from $54 to $37 by Williams Trading analyst Sam Poser indicates a negative outlook for Hibbett's stock price in the short term. This is likely to result in downward pressure on the stock price as investors react to the new rating and price target.
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