Northland Capital Markets Maintains Outperform on Gorilla Tech Gr, Lowers Price Target to $7
Portfolio Pulse from Benzinga Newsdesk
Northland Capital Markets has maintained an 'Outperform' rating on Gorilla Tech Gr (NASDAQ:GRRR) but lowered the price target from $10 to $7.

August 11, 2023 | 6:26 pm
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Northland Capital Markets has maintained an 'Outperform' rating on Gorilla Tech Gr but lowered the price target from $10 to $7.
The 'Outperform' rating suggests that Northland Capital Markets expects Gorilla Tech Gr to do better than the market average. However, the lowering of the price target from $10 to $7 indicates a reduced expectation of the stock's future price, which could potentially lead to a short-term negative sentiment among investors, but it's not necessarily indicative of a long-term trend.
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IMPORTANCE 80
RELEVANCE 100