Stifel Downgrades Circor Intl to Hold, Raises Price Target to $49
Portfolio Pulse from richadhand@benzinga.com
Stifel analyst Nathan Jones downgraded Circor Intl (NYSE:CIR) from Buy to Hold and raised the price target from $40 to $49.
June 05, 2023 | 1:39 pm
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Stifel downgraded Circor Intl (CIR) to Hold and increased the price target from $40 to $49.
Stifel's downgrade of Circor Intl to Hold suggests that the stock is fairly valued at its current price. However, the raised price target from $40 to $49 indicates that there is still potential for growth. The short-term impact on the stock price is likely to be neutral as the downgrade balances the increased price target.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100