Loop Capital Initiates Coverage On FAT Brands with Buy Rating, Announces Price Target of $15
Portfolio Pulse from richadhand@benzinga.com
Loop Capital has initiated coverage on FAT Brands with a Buy rating and a price target of $15.
July 26, 2023 | 9:07 am
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Loop Capital has initiated coverage on FAT Brands with a Buy rating, which could potentially increase investor interest and drive the stock price up.
Analyst ratings often influence investor sentiment. A Buy rating from a reputable firm like Loop Capital can increase investor interest in FAT Brands, potentially driving the stock price up. The price target of $15 also indicates the analyst's positive outlook on the stock.
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