EF Hutton Reiterates Buy on PEDEVCO, Maintains $2.5 Price Target
Portfolio Pulse from Benzinga Newsdesk
EF Hutton analyst Ignacio Bernaldez has reiterated a 'Buy' rating on PEDEVCO (AMEX:PED) and maintained a price target of $2.5.
September 14, 2023 | 11:04 am
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EF Hutton analyst has reiterated a 'Buy' rating on PEDEVCO and maintained a price target of $2.5.
The reiteration of a 'Buy' rating by EF Hutton indicates a positive outlook for PEDEVCO. The maintained price target of $2.5 suggests that the analyst believes the stock is undervalued at current levels, which could lead to upward price movement in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100