JP Morgan Initiates Coverage On Expro Gr Hldgs with Overweight Rating, Announces Price Target of $30
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Arun Jayaram has initiated coverage on Expro Gr Hldgs (NYSE:XPRO) with an Overweight rating and a price target of $30.
September 13, 2023 | 1:15 pm
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POSITIVE IMPACT
JP Morgan has initiated coverage on Expro Gr Hldgs with an Overweight rating and a price target of $30, which could positively impact the stock's performance.
Analyst ratings and price targets can significantly influence a stock's performance. In this case, JP Morgan's Overweight rating indicates that they expect Expro Gr Hldgs to outperform the market, which could attract investors and drive up the stock's price. The price target of $30 also suggests that JP Morgan believes the stock is undervalued, which could further boost investor interest.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100