Stifel Maintains Hold on Latham Group, Lowers Price Target to $3
Portfolio Pulse from Benzinga Newsdesk
Stifel analyst W. Andrew Carter has maintained a Hold rating on Latham Group (NASDAQ:SWIM) but has reduced the price target from $4.85 to $3.
November 20, 2023 | 3:28 pm
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Stifel analyst W. Andrew Carter maintains a Hold rating on Latham Group but lowers the price target from $4.85 to $3, indicating a potential downside or limited upside.
The reduction in price target by Stifel suggests that the analyst sees less potential for price appreciation in Latham Group's stock. This could lead to a negative sentiment among investors in the short term, potentially causing the stock price to drop or underperform.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100