Compass Point Downgrades Horizon Tech Finance to Sell, Announces $11 Price Target
Portfolio Pulse from richadhand@benzinga.com
Compass Point analyst Casey Alexander has downgraded Horizon Tech Finance (NASDAQ:HRZN) from Neutral to Sell and set a price target of $11.
August 04, 2023 | 3:08 pm
News sentiment analysis
Sort by:
Ascending
NEGATIVE IMPACT
Horizon Tech Finance has been downgraded from Neutral to Sell by Compass Point, with a new price target of $11.
The downgrade from Neutral to Sell by Compass Point indicates a negative outlook for Horizon Tech Finance. The new price target of $11 also suggests a potential decrease in the stock's value. This could lead to a short-term negative impact on the stock's price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100