Benchmark Maintains Speculative Buy on FGI Industries, Lowers Price Target to $4
Portfolio Pulse from jenniferd'souza@benzinga.com
Benchmark analyst Reuben Garner maintains a Speculative Buy rating on FGI Industries (NASDAQ:FGI) but lowers the price target from $5 to $4.
August 15, 2023 | 1:04 pm
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Benchmark analyst Reuben Garner maintains a Speculative Buy rating on FGI Industries but lowers the price target from $5 to $4.
The news is directly about FGI Industries. The maintained Speculative Buy rating indicates the analyst's positive outlook on the company, but the lowered price target may suggest a slower growth rate than previously expected. This could have a neutral impact on the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100