Rosenblatt Maintains Buy Rating for Emerald Holding: Here's What You Need To Know
Portfolio Pulse from Benzinga Insights
Rosenblatt has maintained its Buy rating for Emerald Holding (NYSE:EEX) and increased its price target from $7.20 to $8.40. This new target price represents a 57.01% increase from the current share price. Emerald Holding, a B2B trade show operator in the US, has seen its shares trading up by 6.79% over the last 24 hours.
November 07, 2023 | 5:00 pm
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Rosenblatt's maintained Buy rating and increased price target for Emerald Holding could boost investor confidence, potentially driving the stock price up in the short term.
Analyst ratings and price targets can significantly influence investor sentiment. In this case, Rosenblatt's decision to maintain a Buy rating and increase the price target for EEX could be interpreted by investors as a positive signal, potentially leading to increased demand for the stock and a rise in its price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100