Rosenblatt Maintains Neutral Rating for Sinclair: Here's What You Need To Know
Portfolio Pulse from Benzinga Insights
Rosenblatt has maintained its Neutral rating for Sinclair (NASDAQ:SBGI) but lowered its price target from $18.60 to $13.50. Sinclair's shares are currently trading down 2.83% at $10.98 per share. A move to $13.50 would represent a 22.95% increase from the current share price.
September 05, 2023 | 5:00 pm
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Rosenblatt has maintained its Neutral rating for Sinclair but lowered its price target. This could potentially impact investor sentiment and the stock's price.
Analyst ratings and price targets can significantly influence investor sentiment and the stock's price. In this case, while Rosenblatt has maintained its Neutral rating for Sinclair, it has lowered its price target. This could potentially lead to a negative impact on the stock's price in the short term.
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IMPORTANCE 80
RELEVANCE 100