Compass Point Downgrades Chicago Atlantic Real to Neutral, Announces $16 Price Target
Portfolio Pulse from Benzinga Newsdesk
Compass Point analyst Merrill Ross has downgraded Chicago Atlantic Real (NASDAQ:REFI) from Buy to Neutral and set a price target of $16.
September 05, 2023 | 10:03 am
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Chicago Atlantic Real has been downgraded from Buy to Neutral by Compass Point analyst Merrill Ross, with a price target of $16.
The downgrade from Buy to Neutral by Compass Point analyst Merrill Ross indicates a less optimistic outlook for the company. This could potentially lead to a decrease in the stock price in the short term. The price target of $16 provides a benchmark for investors.
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