Southland Holdings shares are trading lower after DA Davidson downgraded the stock from Buy to Neutral and lowered its price target from $12 to $7. Additionally, Craig-Hallum lowered its price target from $14 to $9 on the stock.
Portfolio Pulse from Benzinga Newsdesk
Southland Holdings' stock has been downgraded from Buy to Neutral by DA Davidson, with a lowered price target from $12 to $7. Craig-Hallum also lowered its price target from $14 to $9.
August 16, 2023 | 4:59 pm
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NEGATIVE IMPACT
Southland Holdings' stock has been downgraded and its price target has been lowered by both DA Davidson and Craig-Hallum.
The downgrade from Buy to Neutral by DA Davidson and the lowering of the price target by both DA Davidson and Craig-Hallum indicate a less optimistic outlook for Southland Holdings. This could lead to a decrease in the stock's price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100