B. Riley Securities Maintains Buy on Vecima Networks, Lowers Price Target to C$26
Portfolio Pulse from Benzinga Newsdesk
B. Riley Securities analyst Dave Kang has maintained a 'Buy' rating on Vecima Networks but lowered the price target from C$27 to C$26.
September 22, 2023 | 12:15 pm
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Vecima Networks' price target has been lowered from C$27 to C$26 by B. Riley Securities, though the 'Buy' rating is maintained.
The lowering of the price target by B. Riley Securities could potentially create a negative sentiment among investors. However, the maintained 'Buy' rating indicates that the analyst still sees potential in the stock, which could balance out any negative impact.
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IMPORTANCE 80
RELEVANCE 100