Loop Capital Maintains Buy on Orion, Lowers Price Target to $35
Portfolio Pulse from Benzinga Newsdesk
Loop Capital analyst Chris Kapsch maintains a Buy rating on Orion (NYSE:OEC) but lowers the price target from $41 to $35.
June 20, 2023 | 4:53 pm
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NEUTRAL IMPACT
Orion's price target has been lowered from $41 to $35 by Loop Capital analyst Chris Kapsch, who maintains a Buy rating on the stock.
The news of Loop Capital lowering Orion'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 stock's potential. This mixed signal may not lead to a significant change in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100