Stifel Maintains Buy on SMART Glb Hldgs, Lowers Price Target to $26
Portfolio Pulse from Benzinga Newsdesk
Stifel analyst Jonathan Atkin has maintained a 'Buy' rating on SMART Global Holdings (NASDAQ:SGH), but lowered the price target from $32 to $26.
October 13, 2023 | 1:03 pm
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NEUTRAL IMPACT
Stifel analyst has maintained a 'Buy' rating on SMART Global Holdings but lowered the price target from $32 to $26.
The news is directly about SMART Global Holdings. The maintained 'Buy' rating indicates continued confidence in the company, but the lowered price target suggests that the analyst expects a slower growth rate or potential risks. This could lead to mixed reactions in the market, hence the neutral score.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100