Northland Capital Markets Maintains Market Perform on BM Technologies, Lowers Price Target to $4.25
Portfolio Pulse from Benzinga Newsdesk
Northland Capital Markets analyst Mike Grondahl maintains a Market Perform rating on BM Technologies (AMEX:BMTX) and lowers the price target from $5 to $4.25.
August 23, 2023 | 5:02 pm
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BM Technologies' price target has been lowered from $5 to $4.25 by Northland Capital Markets, which maintains a Market Perform rating on the stock.
The lowering of the price target for BM Technologies by Northland Capital Markets indicates a less optimistic outlook for the stock, which could potentially lead to a decrease in its price in the short term. The Market Perform rating suggests that the stock is expected to perform in line with the market, not outperform it.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100