Benchmark Maintains Buy on SKYX Platforms, Lowers Price Target to $5
Portfolio Pulse from richadhand@benzinga.com
Benchmark analyst Michael Legg maintains a Buy rating on SKYX Platforms (NASDAQ:SKYX) but has lowered the price target from $15 to $5.
August 14, 2023 | 12:28 pm
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Benchmark analyst maintains a Buy rating on SKYX Platforms but has lowered the price target from $15 to $5.
The news is directly related to SKYX Platforms. While the maintained Buy rating is positive, the significant reduction in price target from $15 to $5 could create uncertainty among investors, potentially impacting the stock's short-term performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100