JP Morgan Downgrades Hostess Brands to Neutral, Announces $28 Price Target
Portfolio Pulse from richadhand@benzinga.com
JP Morgan analyst Kenneth Goldman has downgraded Hostess Brands (NASDAQ:TWNK) from Overweight to Neutral and set a price target of $28.
August 31, 2023 | 9:31 am
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Hostess Brands has been downgraded by JP Morgan from Overweight to Neutral, with a price target of $28.
The downgrade from JP Morgan could potentially lead to a decrease in the stock price of Hostess Brands in the short term. The new price target of $28 indicates the analyst's expectation of the stock's future performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100