EF Hutton Reiterates Buy on Splash Beverage Group, Maintains $2.5 Price Target
Portfolio Pulse from Benzinga Newsdesk
EF Hutton analyst Michael Albanese has reiterated a Buy rating on Splash Beverage Group (AMEX:SBEV) and maintained a price target of $2.5 for the company's stock.
November 20, 2023 | 9:27 am
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POSITIVE IMPACT
EF Hutton analyst Michael Albanese reaffirms a Buy rating on Splash Beverage Group with a price target of $2.5, indicating a positive outlook on the stock.
The reiteration of a Buy rating by a reputable analyst like Michael Albanese from EF Hutton can instill confidence in investors and potentially lead to a positive short term impact on the stock price of SBEV. The maintenance of the $2.5 price target suggests that the analyst believes the stock has the potential to reach or exceed this value, which could encourage investment and drive up the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100