Barclays Maintains Equal-Weight on AppHarvest, Lowers Price Target to $0.75
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Benjamin Theurer maintains an Equal-Weight rating on AppHarvest (NASDAQ:APPH) and lowers the price target from $1 to $0.75.
June 01, 2023 | 11:28 am
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NEGATIVE IMPACT
Barclays maintains an Equal-Weight rating on AppHarvest and lowers the price target from $1 to $0.75.
The lowered price target by Barclays analyst Benjamin Theurer indicates a bearish outlook on AppHarvest's stock in the short term. As a result, the stock price is likely to go down due to the negative sentiment from the lowered price target.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100