Rosenblatt Maintains Neutral on Sinclair, Lowers Price Target to $13.5
Portfolio Pulse from Benzinga Newsdesk
Rosenblatt analyst Barton Crockett has maintained a Neutral rating on Sinclair (NASDAQ:SBGI) and lowered the price target from $18.6 to $13.5.
September 05, 2023 | 11:21 am
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NEGATIVE IMPACT
Rosenblatt has maintained a Neutral rating on Sinclair and lowered the price target, which could potentially impact the stock's performance.
The lowering of the price target by Rosenblatt from $18.6 to $13.5 indicates a potential decrease in the value of Sinclair's stock. This could lead to a negative short-term impact on the stock's performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100