Craig-Hallum Maintains Buy on NAPCO Security Techs, Lowers Price Target to $30
Portfolio Pulse from Benzinga Newsdesk
Craig-Hallum analyst Chad Bennett maintains a 'Buy' rating on NAPCO Security Techs (NASDAQ:NSSC) but lowers the price target from $40 to $30.

August 30, 2023 | 4:26 pm
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NAPCO Security Techs' price target has been lowered from $40 to $30 by Craig-Hallum, though the 'Buy' rating is maintained.
The lowering of the price target by Craig-Hallum could potentially create a negative sentiment among investors, which might put downward pressure on the stock price. However, the maintained 'Buy' rating indicates that the analyst still sees potential in the company, which could counterbalance the negative impact.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100