Lake Street Initiates Coverage On PetIQ with Buy Rating, Announces Price Target of $28
Portfolio Pulse from Benzinga Newsdesk
Lake Street analyst Ryan Meyers has initiated coverage on PetIQ (NASDAQ:PETQ) with a Buy rating and a price target of $28.
September 06, 2023 | 1:10 pm
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Lake Street analyst Ryan Meyers has initiated coverage on PetIQ with a Buy rating and a price target of $28.
The initiation of coverage by an analyst, especially with a Buy rating, generally has a positive impact on the stock as it increases investor confidence. The price target of $28 also indicates the analyst's bullish outlook on the stock, which could drive its price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100