Loop Capital Maintains Buy on Cabot, Lowers Price Target to $103
Portfolio Pulse from Benzinga Newsdesk
Loop Capital analyst Christopher Kapsch maintains a Buy rating on Cabot (NYSE:CBT) but lowers the price target from $111 to $103.
June 20, 2023 | 4:51 pm
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NEUTRAL IMPACT
Cabot's price target has been lowered from $111 to $103 by Loop Capital analyst Christopher Kapsch, who maintains a Buy rating.
The news of Loop Capital lowering Cabot's price target may have a neutral short-term impact on the stock price. While the price target has been reduced, the Buy rating has been maintained, indicating that the analyst still believes in the company's potential for growth. Investors may interpret this news with mixed feelings, leading to a neutral short-term impact.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100