Roth MKM Maintains Buy on iSun, Lowers Price Target to $1
Portfolio Pulse from Benzinga Newsdesk
Roth MKM analyst Justin Clare maintains a 'Buy' rating on iSun (NASDAQ:ISUN) but has lowered the price target from $2 to $1.
August 17, 2023 | 4:24 pm
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iSun's price target has been lowered from $2 to $1 by Roth MKM, though the 'Buy' rating is maintained.
The lowering of the price target by Roth MKM could negatively impact iSun's stock price in the short term as it indicates a lower expected value. However, the maintained 'Buy' rating suggests that the analyst still sees potential in the stock.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100