EF Hutton Maintains Buy on Innovative Solns, Lowers Price Target to $12
Portfolio Pulse from Benzinga Newsdesk
EF Hutton analyst Tim Moore maintains a 'Buy' rating on Innovative Solns (NASDAQ:ISSC) but has lowered the price target from $14 to $12.
October 13, 2023 | 2:56 pm
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NEUTRAL IMPACT
Despite a lowered price target, EF Hutton maintains a 'Buy' rating on Innovative Solns, indicating continued confidence in the company's potential.
The lowering of the price target might initially seem negative, but the maintained 'Buy' rating indicates that EF Hutton still sees potential in Innovative Solns. This could lead to a neutral short-term impact on the stock as investors weigh the lowered price target against the continued confidence from EF Hutton.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100