Baird Maintains Outperform on Hibbett, Lowers Price Target to $50
Portfolio Pulse from Benzinga Newsdesk
Baird analyst Peter Benedict maintains an Outperform rating on Hibbett (NASDAQ:HIBB) but lowers the price target from $70 to $50.
May 30, 2023 | 11:00 am
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Baird analyst lowers Hibbett's price target from $70 to $50 while maintaining an Outperform rating.
The news of Baird analyst Peter Benedict maintaining an Outperform rating on Hibbett (NASDAQ:HIBB) but lowering the price target from $70 to $50 may not have a significant short-term impact on the stock price. However, it could influence investor sentiment and potentially affect the stock's performance in the medium to long term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100