Exane BNP Paribas Initiates Coverage On Phinia with Outperform Rating, Announces Price Target of $36
Portfolio Pulse from Benzinga Newsdesk
Exane BNP Paribas analyst Jake Scholl has initiated coverage on Phinia (NYSE:PHIN) with an Outperform rating and a price target of $36.
September 05, 2023 | 1:04 pm
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POSITIVE IMPACT
Phinia has been given an Outperform rating by Exane BNP Paribas with a price target of $36, indicating positive expectations for the stock.
The Outperform rating from Exane BNP Paribas suggests that the analyst expects Phinia to do better than the market average or its peers. The price target of $36 also indicates that the analyst believes the stock has significant upside potential. This could lead to increased investor interest and a potential increase in the stock's price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100