World Acceptance shares are trading lower after BMO Capital maintained an Underperform rating on the stock and lowered its price target from $58 to $56.
Portfolio Pulse from Benzinga Newsdesk
World Acceptance shares are trading lower after BMO Capital maintained an Underperform rating on the stock and lowered its price target from $58 to $56.
October 23, 2023 | 1:57 pm
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World Acceptance's stock price is trading lower after BMO Capital maintained an Underperform rating and lowered its price target from $58 to $56.
The stock price of World Acceptance is likely to be negatively impacted in the short term due to the maintained Underperform rating and lowered price target by BMO Capital. This suggests that the analyst believes the company's stock is expected to underperform the market or its sector in the near future, which can lead to selling pressure among investors.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100