Barrington Research Reiterates Outperform on Climb Global Solutions, Lowers Price Target to $48
Portfolio Pulse from Benzinga Newsdesk
Barrington Research analyst Vincent Colicchio has reiterated an 'Outperform' rating on Climb Global Solutions (NASDAQ:CLMB), but lowered the price target from $60 to $48.

August 04, 2023 | 5:16 pm
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Barrington Research has reiterated an 'Outperform' rating on Climb Global Solutions, but lowered the price target from $60 to $48.
The reiteration of the 'Outperform' rating suggests that Barrington Research still sees Climb Global Solutions as a strong investment. However, the lowering of the price target from $60 to $48 could indicate a potential decrease in the expected future performance of the company. This might have a neutral impact on the stock price in the short term as the positive 'Outperform' rating is balanced by the lower price target.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100