JMP Securities Maintains Market Outperform on Inspired Entertainment, Lowers Price Target to $19
Portfolio Pulse from richadhand@benzinga.com
JMP Securities analyst Jordan Bender maintains a Market Outperform rating on Inspired Entertainment (NASDAQ:INSE) but lowers the price target from $20 to $19.
July 17, 2023 | 1:20 pm
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Inspired Entertainment's price target has been lowered from $20 to $19 by JMP Securities, though the Market Outperform rating is maintained.
The news is directly related to Inspired Entertainment. While the lowering of the price target might be seen as a negative, the maintenance of the Market Outperform rating indicates that the analyst still sees potential in the stock. This could lead to a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100