Citigroup Reiterates Buy on ChampionX, Maintains $40 Price Target
Portfolio Pulse from richadhand@benzinga.com
Citigroup analyst Scott Gruber has reiterated a 'Buy' rating on ChampionX (NASDAQ:CHX) and maintained a price target of $40.

June 28, 2023 | 1:06 pm
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Citigroup's reiteration of a 'Buy' rating and a $40 price target for ChampionX could potentially boost investor confidence in the stock.
Analyst ratings and price targets can significantly influence investor sentiment and stock prices. In this case, Citigroup's reiteration of a 'Buy' rating and a $40 price target for ChampionX could potentially boost investor confidence in the stock, leading to a short-term positive impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100