BMO Capital Maintains Underperform on World Acceptance, Raises Price Target to $59
Portfolio Pulse from richadhand@benzinga.com
BMO Capital's analyst James Fotheringham has maintained an 'Underperform' rating on World Acceptance (NASDAQ:WRLD) and raised the price target from $47 to $59.
July 24, 2023 | 12:28 pm
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World Acceptance's price target has been raised from $47 to $59 by BMO Capital, though the 'Underperform' rating is maintained.
The 'Underperform' rating suggests that the analyst expects the stock to do worse than the market average. However, the increase in price target indicates a positive outlook on the stock's value, which could create a mixed sentiment among investors. This could potentially lead to short-term volatility in the stock price.
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IMPORTANCE 80
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