Piper Sandler Maintains Overweight on ChampionX, Lowers Price Target to $38
Portfolio Pulse from Benzinga Newsdesk
Piper Sandler analyst Luke Lemoine has maintained an Overweight rating on ChampionX (NASDAQ:CHX), but lowered the price target from $42 to $38.
October 26, 2023 | 6:51 pm
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NEUTRAL IMPACT
Piper Sandler has maintained an Overweight rating on ChampionX, but lowered the price target from $42 to $38.
The news is directly about ChampionX and is likely to impact its stock price. While the Overweight rating is positive, the lowering of the price target may have a negative effect. However, it's hard to predict the exact short-term impact, hence the neutral score.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100