Stifel Maintains Hold on Matson, Raises Price Target to $102
Portfolio Pulse from Benzinga Newsdesk
Stifel analyst Benjamin Nolan maintains a 'Hold' rating on Matson (NYSE:MATX) and raises the price target from $90 to $102.
October 24, 2023 | 5:14 pm
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NEUTRAL IMPACT
Stifel analyst maintains a 'Hold' rating on Matson and raises the price target from $90 to $102.
The news is directly about Matson and is likely to influence investor sentiment. The raised price target indicates a positive outlook, but the 'Hold' rating suggests that the stock is fairly valued at the moment. Therefore, the short-term impact on the stock price is expected to be neutral.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100