Raymond James Maintains Strong Buy on Shyft Group, Lowers Price Target to $18
Portfolio Pulse from richadhand@benzinga.com
Raymond James analyst Felix Boeschen maintains a Strong Buy rating on Shyft Group (NASDAQ:SHYF), but has lowered the price target from $26 to $18.
July 28, 2023 | 12:22 pm
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Raymond James maintains a Strong Buy rating on Shyft Group but lowers the price target from $26 to $18.
The news is directly about Shyft Group and is likely to impact its stock price. While the Strong Buy rating is positive, the lowering of the price target may create some uncertainty among investors, potentially leading to short-term volatility in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100