B. Riley Securities Downgrades Textainer Gr Hldgs to Neutral, Lowers Price Target to $50
Portfolio Pulse from Benzinga Newsdesk
B. Riley Securities has downgraded Textainer Gr Hldgs (NYSE:TGH) from Buy to Neutral and lowered the price target from $55 to $50.
October 23, 2023 | 12:45 pm
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Textainer Gr Hldgs has been downgraded from Buy to Neutral by B. Riley Securities, with a lowered price target of $50.
The downgrade from Buy to Neutral by B. Riley Securities indicates a less optimistic outlook for Textainer Gr Hldgs. The lowering of the price target from $55 to $50 also suggests that the analyst believes the stock may not perform as well as previously expected. This could potentially lead to a decrease in the stock's price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100