Craig-Hallum Downgrades Origin Mat to Hold, Announces $2 Price Target
Portfolio Pulse from richadhand@benzinga.com
Craig-Hallum analyst Eric Stine has downgraded Origin Mat (NASDAQ:ORGN) from Buy to Hold and set a price target of $2.
August 11, 2023 | 1:50 pm
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Origin Mat has been downgraded from Buy to Hold by Craig-Hallum, with a new price target of $2.
The downgrade from Buy to Hold by a reputable analyst suggests a less optimistic outlook for the company's stock. The new price target of $2 also indicates a potential decrease in the stock's value. This could negatively impact the stock's price in the short term.
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