Wedbush Maintains Outperform on Century Communities, Lowers Price Target to $81
Portfolio Pulse from Benzinga Newsdesk
Wedbush analyst Jay McCanless has maintained an Outperform rating on Century Communities (NYSE:CCS) but lowered the price target from $89 to $81.
October 26, 2023 | 1:09 pm
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Century Communities' price target has been lowered from $89 to $81 by Wedbush, though the Outperform rating is maintained.
The lowering of the price target by Wedbush could potentially create a negative sentiment among investors, which might put downward pressure on the stock price. However, the maintained Outperform rating indicates that the analyst still sees potential upside, which could counterbalance the negative sentiment.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100