Stifel Maintains Hold on Matson, Raises Price Target to $90
Portfolio Pulse from Benzinga Newsdesk
Stifel analyst Benjamin Nolan maintains a 'Hold' rating on Matson (NYSE:MATX) and raises the price target from $86 to $90.

August 04, 2023 | 11:38 am
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NEUTRAL IMPACT
Stifel analyst maintains a 'Hold' rating on Matson and raises the price target from $86 to $90.
The news is directly about Matson and is likely to influence investor sentiment. The 'Hold' rating suggests that the analyst believes the stock will perform in line with the market, while the increased price target indicates an expectation of potential upside. However, as the rating remains 'Hold', the short-term impact on the stock price is likely to be neutral.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100