Stifel Maintains Buy on Tecnoglass, Lowers Price Target to $46
Portfolio Pulse from Benzinga Newsdesk
Stifel analyst Stanley Elliott maintains a Buy rating on Tecnoglass (NYSE:TGLS) but has lowered the price target from $57 to $46.
November 07, 2023 | 3:12 pm
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Stifel analyst Stanley Elliott maintains a Buy rating on Tecnoglass but has lowered the price target from $57 to $46.
The news is directly related to Tecnoglass. The maintained Buy rating indicates a positive outlook for the company, however, the lowered price target might indicate a slower growth expectation. This could have a neutral impact on the stock price in the short term.
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IMPORTANCE 80
RELEVANCE 100