Stifel Maintains Hold on Neo Performance Materials, Lowers Price Target to $8
Portfolio Pulse from Benzinga Newsdesk
Stifel analyst Ian Gillies has maintained a 'Hold' rating on Neo Performance Materials (OTC:NOPMF) and lowered the price target from $8.25 to $8.

July 18, 2023 | 5:18 pm
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Stifel analyst Ian Gillies has maintained a 'Hold' rating on Neo Performance Materials and lowered the price target from $8.25 to $8.
The news directly pertains to Neo Performance Materials. The 'Hold' rating suggests that the analyst does not see significant upside or downside in the short term. However, the lowering of the price target could potentially have a negative impact on investor sentiment, but it's not significant enough to suggest a strong downward movement.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100