Stephens & Co. Maintains Equal-Weight on Cal-Maine Foods, Lowers Price Target to $50
Portfolio Pulse from richadhand@benzinga.com
Stephens & Co. analyst Ben Bienvenu maintains an Equal-Weight rating on Cal-Maine Foods (NASDAQ:CALM) and lowers the price target from $60 to $50.
June 21, 2023 | 1:03 pm
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Stephens & Co. maintains an Equal-Weight rating on Cal-Maine Foods and lowers the price target from $60 to $50.
The news directly mentions Cal-Maine Foods (NASDAQ:CALM) and the lowered price target by Stephens & Co. analyst Ben Bienvenu. The Equal-Weight rating suggests a neutral outlook for the stock, while the lowered price target may have a negative impact on investor sentiment. However, the overall impact on the stock price is expected to be neutral in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100