Raymond James Maintains Strong Buy on Tecnoglass, Lowers Price Target to $45
Portfolio Pulse from Benzinga Newsdesk
Raymond James analyst Sam Darkatsh has maintained a Strong Buy rating on Tecnoglass (NYSE:TGLS), but lowered the price target from $52 to $45.
November 07, 2023 | 7:15 pm
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NEUTRAL IMPACT
Raymond James has maintained a Strong Buy rating on Tecnoglass but lowered the price target from $52 to $45.
The news is directly related to Tecnoglass. While the Strong Buy rating is maintained, which is positive, the lowering of the price target from $52 to $45 might have a neutral impact on the stock as it indicates a lower future valuation.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100