EF Hutton Reiterates Buy on Reliance Global Group, Maintains $7 Price Target
Portfolio Pulse from Benzinga Newsdesk
EF Hutton analyst Michael Albanese has reiterated a 'Buy' rating on Reliance Global Group (NASDAQ:RELI) and maintained a price target of $7.
August 10, 2023 | 5:52 pm
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POSITIVE IMPACT
EF Hutton analyst has reiterated a 'Buy' rating on Reliance Global Group and maintained a price target of $7.
The reiteration of a 'Buy' rating by a reputable analyst like Michael Albanese from EF Hutton is a positive signal for the stock. The maintained price target of $7 indicates that the analyst believes the stock has potential for growth. This could lead to increased investor confidence and potentially a short-term increase in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100