Northland Capital Markets Maintains Outperform on Stryve Foods, Lowers Price Target to $8
Portfolio Pulse from Benzinga Newsdesk
Northland Capital Markets has maintained an 'Outperform' rating on Stryve Foods (NASDAQ:SNAX) but lowered the price target from $10 to $8.
August 15, 2023 | 2:03 pm
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NEGATIVE IMPACT
Stryve Foods' price target has been lowered from $10 to $8 by Northland Capital Markets, though the 'Outperform' rating is maintained.
The lowering of the price target by Northland Capital Markets could lead to a negative sentiment among investors, potentially causing a short-term decrease in Stryve Foods' stock price. However, the maintained 'Outperform' rating indicates that the analyst still sees potential in the company's performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100