HC Wainwright & Co. Maintains Buy on RCI Hospitality Hldgs, Lowers Price Target to $115
Portfolio Pulse from Benzinga Newsdesk
HC Wainwright & Co. analyst Scott Buck maintains a 'Buy' rating on RCI Hospitality Hldgs (NASDAQ:RICK) but lowers the price target from $126 to $115.

October 11, 2023 | 10:25 am
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RCI Hospitality Hldgs' price target has been lowered from $126 to $115 by HC Wainwright & Co., though the 'Buy' rating is maintained.
The lowering of the price target by HC Wainwright & Co. could potentially create a negative sentiment among investors, which might put downward pressure on the stock price. However, the maintained 'Buy' rating indicates that the analyst still sees potential in the company, which could counterbalance the negative sentiment.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100