Piper Sandler Maintains Underweight on Aemetis, Raises Price Target to $3
Portfolio Pulse from Benzinga Newsdesk
Piper Sandler analyst Ryan Todd maintains an Underweight rating on Aemetis (NASDAQ:AMTX) and raises the price target from $2 to $3.
June 06, 2023 | 12:53 pm
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NEUTRAL IMPACT
Piper Sandler maintains an Underweight rating on Aemetis and raises the price target from $2 to $3.
The news of Piper Sandler maintaining an Underweight rating on Aemetis and raising the price target from $2 to $3 may not have a significant short-term impact on the stock price. While the increased price target may be seen as a positive signal, the Underweight rating suggests that the analyst still has concerns about the company's performance. Therefore, the overall impact on the stock price is expected to be neutral in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100