Baird Maintains Neutral on Methode Electronics, Lowers Price Target to $42
Portfolio Pulse from Benzinga Newsdesk
Baird analyst Luke Junk maintains a Neutral rating on Methode Electronics (NYSE:MEI) and lowers the price target from $49 to $42.

June 13, 2023 | 4:42 pm
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NEUTRAL IMPACT
Baird analyst Luke Junk maintains a Neutral rating on Methode Electronics and lowers the price target from $49 to $42.
The news directly mentions Methode Electronics (MEI) and the lowered price target by Baird analyst Luke Junk. This may cause some investors to reconsider their positions, but the Neutral rating suggests that the stock is not expected to have significant short-term price movement. The importance is high as it's a direct analyst rating and price target change, and the confidence is high due to the clear information provided in the article.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100