B. Riley Securities Maintains Buy on XPEL, Lowers Price Target to $74
Portfolio Pulse from Benzinga Newsdesk
B. Riley Securities analyst Jeff Van Sinderen has maintained a 'Buy' rating on XPEL (NASDAQ:XPEL), but lowered the price target from $97 to $74.
November 09, 2023 | 8:37 pm
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NEUTRAL IMPACT
Despite the lowered price target, XPEL still maintains a 'Buy' rating from B. Riley Securities, indicating continued confidence in the stock.
The lowered price target might initially cause some investor concern, potentially leading to short-term price volatility. However, the maintained 'Buy' rating indicates that the analyst still sees potential in the stock, which could balance out any negative impact.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100