BMO Capital Maintains Market Perform on Intrepid Potash, Lowers Price Target to $21
Portfolio Pulse from Benzinga Newsdesk
BMO Capital analyst Joel Jackson has maintained a Market Perform rating on Intrepid Potash (NYSE:IPI) but has reduced the price target from $25 to $21.
November 10, 2023 | 8:10 pm
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BMO Capital has maintained a Market Perform rating on Intrepid Potash but lowered the price target from $25 to $21, indicating a potential downside compared to the previous target.
The reduction in price target by BMO Capital suggests that the analyst sees less upside potential for Intrepid Potash's stock price in the short term. This could lead to negative sentiment among investors and potentially a decrease in the stock price.
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IMPORTANCE 75
RELEVANCE 100