RBC Capital Maintains Sector Perform on Northwest Natural Hldg, Lowers Price Target to $45
Portfolio Pulse from Benzinga Newsdesk
RBC Capital analyst Shelby Tucker has maintained a 'Sector Perform' rating on Northwest Natural Hldg (NYSE:NWN) but lowered the price target from $52 to $45.
September 06, 2023 | 3:17 pm
News sentiment analysis
Sort by:
Ascending
NEGATIVE IMPACT
Northwest Natural Hldg's price target has been lowered from $52 to $45 by RBC Capital, though the 'Sector Perform' rating is maintained.
The lowering of the price target by RBC Capital indicates a less optimistic outlook for the stock, which could potentially lead to a decrease in its price in the short term. However, the maintenance of the 'Sector Perform' rating suggests that the stock is expected to perform in line with the sector, which could mitigate some of the negative impact.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100