B. Riley Securities Downgrades Bluegreen Vacations to Neutral, Raises Price Target to $75
Portfolio Pulse from Benzinga Newsdesk
B. Riley Securities analyst Mike Crawford has downgraded Bluegreen Vacations (NYSE:BVH) from Buy to Neutral, while raising the price target from $66 to $75.
November 07, 2023 | 6:33 pm
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NEUTRAL IMPACT
Bluegreen Vacations has been downgraded from Buy to Neutral by B. Riley Securities, but the price target has been raised from $66 to $75.
The downgrade from Buy to Neutral suggests that the analyst sees limited upside potential for the stock in the near term. However, the increase in price target from $66 to $75 indicates that the analyst still sees some value in the stock. This could lead to a neutral impact on the stock's price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100