Keybanc Maintains Overweight on Advanced Drainage Systems, Lowers Price Target to $145
Portfolio Pulse from Benzinga Newsdesk
Keybanc analyst Jeffrey Hammond has maintained an Overweight rating on Advanced Drainage Systems (NYSE:WMS) but lowered the price target from $160 to $145.
November 03, 2023 | 11:57 am
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NEUTRAL IMPACT
Advanced Drainage Systems' price target has been lowered from $160 to $145 by Keybanc, though the Overweight rating is maintained.
The news is directly about Advanced Drainage Systems and is likely to impact investor sentiment. While the Overweight rating is maintained, indicating a positive outlook, the lowering of the price target might cause some concern among investors, potentially leading to short-term volatility in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100