Stephens & Co. Maintains Overweight on The One Group Hospitality, Lowers Price Target to $9
Portfolio Pulse from Benzinga Newsdesk
Stephens & Co. analyst Joshua Long maintains an Overweight rating on The One Group Hospitality (NASDAQ:STKS) but lowers the price target from $12 to $9.
November 08, 2023 | 4:41 pm
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The One Group Hospitality's price target has been lowered from $12 to $9 by Stephens & Co., though the Overweight rating is maintained.
The lowering of the price target by Stephens & Co. indicates a potential decrease in the stock's value. However, the maintenance of the Overweight rating suggests that the company is still expected to outperform the market, which could mitigate some of the negative impact.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100