JP Morgan Maintains Overweight on Holley, Lowers Price Target to $7.5
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Christian Carlino has maintained an Overweight rating on Holley (NYSE:HLLY) but lowered the price target from $9 to $7.5.
November 07, 2023 | 8:13 pm
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JP Morgan has maintained an Overweight rating on Holley but lowered the price target from $9 to $7.5, which could potentially impact the stock's performance.
The lowering of the price target by JP Morgan, a major financial institution, could lead to a decrease in investor confidence in Holley, potentially causing a short-term drop in the stock's price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100