RBC Capital Maintains Sector Perform on Enviva, Lowers Price Target to $4
Portfolio Pulse from Benzinga Newsdesk
RBC Capital analyst Elvira Scotto has maintained a Sector Perform rating on Enviva (NYSE:EVA) but has reduced the price target from $10 to $4.
November 21, 2023 | 5:51 pm
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RBC Capital has maintained a Sector Perform rating on Enviva but lowered the price target from $10 to $4, indicating a potential downside.
The reduction in price target by RBC Capital suggests that the analyst sees less upside potential for Enviva's stock, which could lead to negative investor sentiment and a potential decrease in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100