Barrington Research Reiterates Outperform on Superior Gr of Cos, Lowers Price Target to $13
Portfolio Pulse from Benzinga Newsdesk
Barrington Research analyst Kevin Steinke has reiterated an 'Outperform' rating on Superior Gr of Cos (NASDAQ:SGC), but lowered the price target from $17 to $13.
August 09, 2023 | 2:27 pm
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Barrington Research has reiterated an 'Outperform' rating on Superior Gr of Cos, but lowered the price target from $17 to $13.
The news is directly related to Superior Gr of Cos (SGC). While the 'Outperform' rating is positive, the reduction in price target from $17 to $13 might create some uncertainty among investors. This could potentially lead to short-term volatility in the stock price, but the overall impact is neutral as the 'Outperform' rating suggests that the analyst still expects the stock to do well.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100