Stephens & Co. Reiterates Underweight on World Acceptance, Maintains $56 Price Target
Portfolio Pulse from richadhand@benzinga.com
Stephens & Co. analyst Vincent Caintic has reiterated an Underweight rating on World Acceptance (NASDAQ:WRLD) and maintained a $56 price target.
July 19, 2023 | 2:32 pm
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World Acceptance (NASDAQ:WRLD) has been reiterated as Underweight by Stephens & Co. with a maintained price target of $56.
The Underweight rating from Stephens & Co. suggests that they believe the stock will underperform the market or its sector in the short term. This could potentially lead to a decrease in the stock's price. The maintained price target of $56 also indicates that the analyst believes the stock is currently overvalued, which could further pressure the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100