Raymond James Maintains Outperform on COPT Defense, Lowers Price Target to $27
Portfolio Pulse from Benzinga Newsdesk
Raymond James analyst William Crow has maintained an Outperform rating on COPT Defense (NYSE:CDP) but lowered the price target from $28 to $27.

November 02, 2023 | 4:10 pm
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Raymond James has maintained an Outperform rating on COPT Defense but lowered the price target from $28 to $27.
The news is directly related to COPT Defense (CDP). While the Outperform rating is maintained, which is positive, the lowering of the price target from $28 to $27 might have a neutral impact on the stock as it indicates a slight decrease in expected future value. However, the overall impact is not significantly negative as the Outperform rating suggests that the analyst still expects the stock to do better than others in the market.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100