Craig-Hallum Maintains Buy on Southland Holdings, Lowers Price Target to $9
Portfolio Pulse from Benzinga Newsdesk
Craig-Hallum analyst Christian Schwab maintains a 'Buy' rating on Southland Holdings (AMEX:SLND) but has lowered the price target from $14 to $9.
August 16, 2023 | 4:45 pm
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Southland Holdings' price target has been lowered from $14 to $9 by Craig-Hallum, though the 'Buy' rating is maintained.
The lowering of the price target by Craig-Hallum could potentially create a negative sentiment among investors, which might put downward pressure on the stock price. However, the maintained 'Buy' rating indicates that the analyst still sees potential upside, which could counterbalance the negative impact.
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IMPORTANCE 80
RELEVANCE 100