Citigroup Maintains Buy on ChampionX, Raises Price Target to $42
Portfolio Pulse from Benzinga Newsdesk
Citigroup analyst Scott Gruber maintains a Buy rating on ChampionX (NASDAQ:CHX) and raises the price target from $40 to $42.
July 26, 2023 | 2:10 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Citigroup maintains a Buy rating on ChampionX and raises the price target from $40 to $42, indicating positive sentiment towards the stock.
The raised price target by Citigroup indicates a positive outlook for ChampionX. This could potentially lead to an increase in the stock price in the short term as it signals to investors that the stock is undervalued at its current price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100