Benchmark Maintains Buy on Premier, Lowers Price Target to $30
Portfolio Pulse from Benzinga Newsdesk
Benchmark analyst Bill Sutherland maintains a Buy rating on Premier (NASDAQ:PINC) but lowers the price target from $32 to $30.
November 09, 2023 | 4:58 pm
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NEUTRAL IMPACT
Premier's price target has been lowered from $32 to $30 by Benchmark, though the Buy rating is maintained.
The news is directly about Premier (PINC). While the lowering of the price target might be seen as a negative, the maintenance of the Buy rating indicates that the analyst still sees potential in the stock. This could lead to a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100