HC Wainwright & Co. Maintains Buy on Largo, Lowers Price Target to $9
Portfolio Pulse from Benzinga Newsdesk
HC Wainwright & Co. analyst Heiko Ihle maintains a Buy rating on Largo (NASDAQ:LGO) but lowers the price target from $12 to $9.
November 10, 2023 | 1:20 pm
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NEUTRAL IMPACT
Despite a lowered price target from $12 to $9, HC Wainwright & Co. maintains a Buy rating on Largo.
The news is directly related to Largo and is likely to influence investor sentiment. While the lowering of the price target might be seen as a negative, the maintained Buy rating indicates that the analyst still sees potential in the stock. This could lead to mixed reactions in the market, hence the neutral score.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100