JMP Securities Maintains Market Outperform Rating for Atlanticus Holdings: Here's What You Need To Know
Portfolio Pulse from Benzinga Insights
JMP Securities has maintained its Market Outperform rating for Atlanticus Holdings (NASDAQ:ATLC) but lowered its price target from $48.00 to $42.00. The current share price is $28.19, and a move to $42.00 would represent a 48.99% increase.
October 16, 2023 | 5:00 pm
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Atlanticus Holdings' price target has been lowered by JMP Securities, although the Market Outperform rating is maintained. This could potentially impact the stock's performance.
The lowering of the price target by JMP Securities could potentially create a negative sentiment among investors, impacting the stock's performance. However, the maintenance of the Market Outperform rating indicates that the company is still expected to perform well, which could balance out any negative impact.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100