Lake Street Maintains Buy on Clarus, Lowers Price Target to $14
Portfolio Pulse from Benzinga Newsdesk
Lake Street analyst Mark Smith has maintained a 'Buy' rating on Clarus (NASDAQ:CLAR) but lowered the price target from $20 to $14.
August 08, 2023 | 4:18 pm
News sentiment analysis
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NEGATIVE IMPACT
Clarus' price target has been lowered from $20 to $14 by Lake Street, though the 'Buy' rating is maintained.
The lowering of the price target by Lake Street could lead to a negative sentiment among investors, potentially causing a short-term drop in Clarus' stock price. However, the maintained 'Buy' rating might mitigate this impact to some extent.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100