Northland Capital Markets Maintains Outperform on Quantum, Lowers Price Target to $2.25
Portfolio Pulse from jenniferd'souza@benzinga.com
Northland Capital Markets analyst Nehal Chokshi maintains an Outperform rating on Quantum (NASDAQ:QMCO) but lowers the price target from $6 to $2.25.
June 07, 2023 | 3:10 pm
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NEUTRAL IMPACT
Northland Capital Markets maintains an Outperform rating on Quantum (NASDAQ:QMCO) but lowers the price target from $6 to $2.25.
The news of Northland Capital Markets maintaining an Outperform rating on Quantum is positive for the stock. However, the lowering of the price target from $6 to $2.25 may create uncertainty among investors, leading to a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100