EF Hutton Reiterates Buy on HireQuest, Lowers Price Target to $27
Portfolio Pulse from Benzinga Newsdesk
EF Hutton analyst Michael Albanese has reiterated his 'Buy' rating on HireQuest (NASDAQ:HQI), but lowered the price target from $29 to $27.
August 11, 2023 | 5:14 pm
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NEUTRAL IMPACT
HireQuest's price target has been lowered from $29 to $27 by EF Hutton, though the 'Buy' rating is maintained.
While the lowering of the price target might initially seem negative, the maintained 'Buy' rating indicates that EF Hutton still sees potential in HireQuest. This could lead to mixed reactions in the market, hence the neutral score.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100