BTIG Maintains Buy on BurgerFi International, Lowers Price Target to $4
Portfolio Pulse from Benzinga Newsdesk
BTIG analyst Peter Saleh has maintained a 'Buy' rating on BurgerFi International (NASDAQ:BFI) but lowered the price target from $5 to $4.
August 17, 2023 | 3:39 pm
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BurgerFi International's price target has been lowered from $5 to $4 by BTIG, though the 'Buy' rating is maintained.
The news directly pertains to BurgerFi International. While the lowered price target might initially seem negative, the maintained 'Buy' rating indicates that the analyst still sees potential in the stock. This could lead to neutral short-term price movement.
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