Benchmark Maintains Buy Rating for Standex International: Here's What You Need To Know
Portfolio Pulse from Benzinga Insights
Benchmark has maintained its Buy rating for Standex International (NYSE:SXI) but lowered its price target from $205.00 to $190.00. Standex International's shares are currently trading up 4.87% over the last 24 hours, at $142.05 per share. A move to $190.00 would account for a 33.76% increase from the current share price.
November 06, 2023 | 5:00 pm
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Benchmark has maintained its Buy rating for Standex International but lowered its price target. This could potentially lead to increased investor interest and a rise in the stock's price.
Analyst ratings often influence investor sentiment and can impact a stock's price. In this case, despite the lowered price target, the maintained Buy rating indicates that the analyst still sees potential in the stock. This could lead to increased investor interest and a potential rise in the stock's price.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 100