Barrington Research Maintains Outperform on HireQuest, Lowers Price Target to $21
Portfolio Pulse from Benzinga Newsdesk
Barrington Research analyst Kevin Steinke has maintained an Outperform rating on HireQuest (NASDAQ:HQI) but has reduced the price target from $26 to $21.
November 21, 2023 | 7:20 pm
News sentiment analysis
Sort by:
Ascending
NEUTRAL IMPACT
Barrington Research maintains an Outperform rating on HireQuest but lowers the price target from $26 to $21, indicating a potential upside but with caution.
While the Outperform rating suggests that Barrington Research still sees HireQuest as a good investment, the reduction in the price target may reflect a tempered expectation for the stock's growth or a response to market conditions. This could lead to a neutral short-term impact as the positive rating is counterbalanced by the lower price target.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100