Chardan Capital Maintains Buy on PLBY Group, Lowers Price Target to $4
Portfolio Pulse from richadhand@benzinga.com
Chardan Capital analyst Brian Dobson has maintained a 'Buy' rating on PLBY Group (NASDAQ:PLBY) but lowered the price target from $5 to $4.
August 17, 2023 | 8:14 am
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NEUTRAL IMPACT
Chardan Capital has maintained a 'Buy' rating on PLBY Group but lowered the price target from $5 to $4.
The news is directly related to PLBY Group. While the 'Buy' rating is maintained, the lowering of the price target might indicate a potential decrease in the short-term stock price. However, the overall impact is neutral as the 'Buy' rating suggests that the stock is still expected to perform well in the long run.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100