Benchmark Maintains Buy on BlackSky Technology, Lowers Price Target to $3
Portfolio Pulse from richadhand@benzinga.com
Benchmark analyst Josh Sullivan maintains a Buy rating on BlackSky Technology (NYSE:BKSY) but has lowered the price target from $4 to $3.
August 11, 2023 | 4:30 pm
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BlackSky Technology's price target has been lowered from $4 to $3 by Benchmark, though the Buy rating is maintained.
The news is directly about BlackSky Technology and its price target being lowered by Benchmark. This could potentially impact the stock's price as it indicates a lower valuation by the analyst. However, the maintained Buy rating suggests that the analyst still sees potential upside, which could balance out the impact of the lower price target.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100