HC Wainwright & Co. Maintains Buy on Alto Ingredients, Lowers Price Target to $5.5
Portfolio Pulse from Benzinga Newsdesk
HC Wainwright & Co. analyst Amit Dayal maintains a 'Buy' rating on Alto Ingredients (NASDAQ:ALTO) but lowers the price target from $7 to $5.5.

November 07, 2023 | 11:48 am
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HC Wainwright & Co. maintains a 'Buy' rating on Alto Ingredients but lowers the price target from $7 to $5.5.
The news is directly related to Alto Ingredients. While the 'Buy' rating is maintained, the lowering of the price target might indicate a potential decrease in the stock's value. However, the impact on the stock price is uncertain in the short term as the 'Buy' rating might still attract investors.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100