Raymond James Maintains Outperform on Holley, Lowers Price Target to $5.5
Portfolio Pulse from Benzinga Newsdesk
Raymond James analyst Joseph Altobello has maintained an Outperform rating on Holley (NYSE:HLLY), but lowered the price target from $8.25 to $5.5.
November 09, 2023 | 1:38 pm
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NEGATIVE IMPACT
Raymond James has maintained an Outperform rating on Holley, but lowered the price target from $8.25 to $5.5. This could potentially impact the stock's performance.
The lowering of the price target by Raymond James could potentially lead to a decrease in the stock price of Holley in the short term. Investors may see this as a sign of decreased future performance, leading to selling pressure.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100