Benchmark Maintains Buy on Standex International, Lowers Price Target to $190
Portfolio Pulse from Benzinga Newsdesk
Benchmark analyst Michael Legg maintains a Buy rating on Standex International (NYSE:SXI) but lowers the price target from $205 to $190.
November 06, 2023 | 3:59 pm
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NEUTRAL IMPACT
Standex International's price target has been lowered from $205 to $190 by Benchmark, though the Buy rating is maintained.
The news is directly about Standex International and is likely to influence investor sentiment. While the lowered price target might be seen as a negative, the maintained Buy rating indicates continued confidence in the company's prospects. The impact on the stock price is uncertain in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100