JMP Securities Maintains Market Outperform on Atlanticus Holdings, Lowers Price Target to $37
Portfolio Pulse from Benzinga Newsdesk
JMP Securities analyst David Scharf has maintained a 'Market Outperform' rating on Atlanticus Holdings (NASDAQ:ATLC) but has reduced the price target from $42 to $37.
November 13, 2023 | 2:49 pm
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NEUTRAL IMPACT
Atlanticus Holdings' stock rating remains 'Market Outperform' by JMP Securities, but the price target has been lowered from $42 to $37, indicating potential upside but with moderated expectations.
While the 'Market Outperform' rating suggests that JMP Securities continues to view Atlanticus Holdings positively, the reduction in the price target may reflect a reassessment of the company's growth prospects or market conditions. This could lead to a neutral short-term impact on the stock as the positive rating is counterbalanced by the lowered price target.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100