Keefe, Bruyette & Woods Downgrades Textainer Gr Hldgs to Market Perform, Raises Price Target to $45
Portfolio Pulse from richadhand@benzinga.com
Keefe, Bruyette & Woods analyst Michael Brown has downgraded Textainer Gr Hldgs (NYSE:TGH) from Outperform to Market Perform, but raised the price target from $40 to $45.
July 28, 2023 | 9:26 am
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NEUTRAL IMPACT
Textainer Gr Hldgs has been downgraded to Market Perform from Outperform by Keefe, Bruyette & Woods, but the price target has been raised from $40 to $45.
The downgrade to Market Perform suggests that the analyst believes the stock will perform similarly to other stocks in the market, indicating a neutral outlook. However, the increase in price target from $40 to $45 suggests that the analyst sees potential for the stock's price to increase. This could lead to mixed reactions in the market, potentially keeping the stock's price relatively stable in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100