Canaccord Genuity Maintains Buy on Dragonfly Energy Hldgs, Lowers Price Target to $4
Portfolio Pulse from Benzinga Newsdesk
Canaccord Genuity analyst George Gianarikas has maintained a 'Buy' rating on Dragonfly Energy Hldgs (NASDAQ:DFLI) but lowered the price target from $9 to $4.
August 22, 2023 | 1:18 pm
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Canaccord Genuity has maintained a 'Buy' rating on Dragonfly Energy Hldgs but lowered the price target from $9 to $4.
The news is directly related to Dragonfly Energy Hldgs (DFLI). The maintained 'Buy' rating indicates a positive outlook for the company, however, the lowered price target from $9 to $4 suggests that the analyst expects the stock to perform below previous expectations in the short term. This could potentially lead to a neutral impact on the stock's price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100