Piper Sandler Downgrades Berry Corp to Neutral, Announces $9 Price Target
Portfolio Pulse from richadhand@benzinga.com
Piper Sandler analyst Mark Lear has downgraded Berry Corp (NASDAQ:BRY) from Overweight to Neutral and set a price target of $9.
August 14, 2023 | 9:55 am
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NEGATIVE IMPACT
Berry Corp has been downgraded from Overweight to Neutral by Piper Sandler, with a new price target of $9.
The downgrade from Overweight to Neutral by Piper Sandler indicates a less optimistic outlook for Berry Corp. This could potentially lead to a decrease in the stock's price in the short term. The new price target of $9 also provides a benchmark for investors, which could influence trading decisions.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100