Noble Capital Markets Maintains Outperform on RCI Hospitality Hldgs, Lowers Price Target to $125
Portfolio Pulse from Benzinga Newsdesk
Noble Capital Markets has maintained an 'Outperform' rating on RCI Hospitality Holdings (NASDAQ:RICK) but lowered the price target from $150 to $125.
August 14, 2023 | 1:59 pm
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RCI Hospitality Holdings' price target has been lowered from $150 to $125 by Noble Capital Markets, though the 'Outperform' rating is maintained.
The lowering of the price target by Noble Capital Markets could potentially create a negative sentiment among investors, which might put downward pressure on the stock price. However, the maintenance of the 'Outperform' rating indicates that the analyst still sees potential upside, which could counterbalance the negative sentiment to some extent.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100