B. Riley Securities Maintains Buy on Stagwell, Lowers Price Target to $13
Portfolio Pulse from richadhand@benzinga.com
B. Riley Securities analyst Jeff Van Sinderen has maintained a 'Buy' rating on Stagwell (NASDAQ:STGW) but lowered the price target from $14 to $13.

August 04, 2023 | 11:42 am
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Stagwell's price target has been lowered from $14 to $13 by B. Riley Securities, though the 'Buy' rating is maintained.
While the lowering of the price target might initially seem negative, the maintained 'Buy' rating indicates that B. Riley Securities still sees potential in Stagwell. This could lead to a neutral short-term impact on the stock.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100