HC Wainwright & Co. Maintains Buy on ToughBuilt Industries, Lowers Price Target to $2
Portfolio Pulse from richadhand@benzinga.com
HC Wainwright & Co. analyst Kevin Dede maintains a 'Buy' rating on ToughBuilt Industries (NASDAQ:TBLT) but has lowered the price target from $6 to $2.
July 13, 2023 | 10:09 am
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HC Wainwright & Co. maintains a 'Buy' rating on ToughBuilt Industries but lowers the price target from $6 to $2.
The news is directly related to ToughBuilt Industries. The 'Buy' rating is maintained which is positive, but the price target is lowered from $6 to $2, which could have a negative impact. The net effect could be neutral in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100