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.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100