Guggenheim Maintains Neutral Rating for Northwest Natural Hldg: Here's What You Need To Know
Portfolio Pulse from Benzinga Insights
Guggenheim has maintained its Neutral rating for Northwest Natural Hldg (NYSE:NWN) but lowered its price target from $45.00 to $42.00. NWN's shares are currently trading down 0.38% at $42.17 per share. A move to $42.00 would represent a 0.4% decrease from the current share price.
July 07, 2023 | 5:01 pm
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Guggenheim has maintained its Neutral rating for NWN but lowered its price target. This could potentially lead to a decrease in the stock's price.
The lowering of the price target by Guggenheim, a reputable financial institution, could lead to a decrease in the stock's price as it may influence investors' perception of the stock's value. This is especially relevant as the current trading price is already close to the new target price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100