CIBC Maintains Neutral on Mullen Group, Raises Price Target to $16
Portfolio Pulse from Benzinga Newsdesk
CIBC analyst Kevin Chiang maintains a Neutral rating on Mullen Group (OTC:MLLGF) and raises the price target from C$15.5 to C$16.

June 15, 2023 | 4:50 pm
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NEUTRAL IMPACT
CIBC analyst Kevin Chiang maintains a Neutral rating on Mullen Group and raises the price target from C$15.5 to C$16.
The news directly mentions Mullen Group (OTC:MLLGF) and the price target increase by CIBC analyst Kevin Chiang. However, the Neutral rating remains unchanged, indicating that the analyst does not expect significant short-term price movement. The relevance is 100 as MLLGF is the main subject of the news, and the importance is 80 as price target changes can influence investor sentiment. The confidence in the analysis is 90, as the information is clear and comes from a reputable source.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100