Raymond James Downgrades MarineMax to Market Perform
Portfolio Pulse from richadhand@benzinga.com
Raymond James analyst Joseph Altobello has downgraded MarineMax (NYSE:HZO) from Outperform to Market Perform.
July 18, 2023 | 10:34 am
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MarineMax's stock rating has been downgraded by Raymond James from Outperform to Market Perform.
Analyst ratings often influence the short-term performance of a stock. A downgrade from Outperform to Market Perform suggests that the analyst believes the stock will not outperform the market in the near future. This could lead to a decrease in the stock's price as investors adjust their expectations.
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