CL King Reinstates Neutral on Snap-on
Portfolio Pulse from richadhand@benzinga.com
CL King analyst Thomas Hayes has reinstated Snap-on (NYSE:SNA) with a Neutral rating.
July 07, 2023 | 1:57 pm
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NEUTRAL IMPACT
Snap-on (SNA) has been reinstated with a Neutral rating by CL King analyst Thomas Hayes.
The reinstatement of a Neutral rating by an analyst typically doesn't have a significant impact on the stock price in the short term. However, it does indicate that the analyst believes the stock is fairly valued at its current price, which could influence investor sentiment.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100