B. Riley Securities Maintains Neutral on Hibbett, Raises Price Target to $45
Portfolio Pulse from richadhand@benzinga.com
B. Riley Securities analyst Anna Glaessgen maintains a Neutral rating on Hibbett (NASDAQ:HIBB) and raises the price target from $37 to $45.
August 28, 2023 | 1:38 pm
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B. Riley Securities maintains a Neutral rating on Hibbett and raises the price target from $37 to $45.
The news directly pertains to Hibbett as the analyst from B. Riley Securities maintains a Neutral rating on the company and raises the price target. This suggests that the analyst sees potential in the company's stock but also acknowledges the risks involved. This could lead to a neutral impact on the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100