B. Riley Securities Maintains Buy on XAI Octagon FR & Alt Inc, Lowers Price Target to $7.5
Portfolio Pulse from Benzinga Newsdesk
B. Riley Securities analyst Matt Howlett maintains a Buy rating on XAI Octagon FR & Alt Inc (NYSE:XFLT) and lowers the price target from $8 to $7.5.
June 06, 2023 | 12:45 pm
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NEUTRAL IMPACT
B. Riley Securities maintains a Buy rating on XAI Octagon FR & Alt Inc (NYSE:XFLT) and lowers the price target from $8 to $7.5.
The news of B. Riley Securities maintaining a Buy rating on XFLT indicates a positive outlook for the stock. However, the lowering of the price target from $8 to $7.5 may create some uncertainty among investors, leading to a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100