Barrington Research Maintains Outperform on Carriage Servs, Lowers Price Target to $42
Portfolio Pulse from Benzinga Newsdesk
Barrington Research analyst Alexander Paris has maintained an 'Outperform' rating on Carriage Services (NYSE:CSV) but lowered the price target from $45 to $42.
June 29, 2023 | 4:36 pm
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NEUTRAL IMPACT
Carriage Services' price target has been lowered from $45 to $42 by Barrington Research, though the 'Outperform' rating is maintained.
The lowering of the price target by Barrington Research could potentially create a negative sentiment among investors, which might put downward pressure on the stock price. However, the maintained 'Outperform' rating indicates that the analyst still sees potential upside, which could counterbalance the negative impact.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100