HC Wainwright & Co. Maintains Buy on Terran Orbital, Lowers Price Target to $3
Portfolio Pulse from Benzinga Newsdesk
HC Wainwright & Co. analyst Scott Buck has maintained a Buy rating on Terran Orbital (NYSE:LLAP) but has reduced the price target from $5 to $3.

November 15, 2023 | 3:09 pm
News sentiment analysis
Sort by:
Descending
NEGATIVE IMPACT
Terran Orbital's price target has been lowered from $5 to $3 by HC Wainwright & Co., although the Buy rating is maintained.
A reduction in price target typically reflects a revised expectation of the company's future performance and can lead to a negative short-term impact on the stock price. However, maintaining a Buy rating suggests that the overall outlook remains positive, which might mitigate the negative impact to some extent.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100