BMO Capital Maintains Underperform on World Acceptance, Lowers Price Target to $56
Portfolio Pulse from Benzinga Newsdesk
BMO Capital's analyst James Fotheringham has maintained an 'Underperform' rating on World Acceptance (NASDAQ:WRLD) and lowered the price target from $58 to $56.
October 23, 2023 | 1:35 pm
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World Acceptance's stock rating has been maintained as 'Underperform' by BMO Capital, with a lowered price target from $58 to $56.
The 'Underperform' rating indicates that the analyst expects the company's stock to do worse than the market average. The lowering of the price target from $58 to $56 suggests that the analyst has a negative outlook on the stock's future performance. This could potentially lead to a decrease in the stock's price in the short term.
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