Maxim Group Maintains Buy on Boxlight, Lowers Price Target to $9
Portfolio Pulse from jenniferd'souza@benzinga.com
Maxim Group analyst Jack Vander Aarde has maintained a 'Buy' rating on Boxlight (NASDAQ:BOXL) but lowered the price target from $12 to $9.
August 14, 2023 | 1:24 pm
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NEUTRAL IMPACT
Boxlight's price target has been lowered from $12 to $9 by Maxim Group, though the 'Buy' rating is maintained.
The news directly pertains to Boxlight as the company's price target has been lowered by Maxim Group. However, the 'Buy' rating is maintained which indicates a positive outlook for the company. This could lead to mixed reactions in the market, hence the neutral score.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100