Stifel Maintains Buy on Aemetis, Lowers Price Target to $7.5
Portfolio Pulse from Benzinga Newsdesk
Stifel analyst Derrick Whitfield has maintained a Buy rating on Aemetis (NASDAQ:AMTX) but has reduced the price target from $10 to $7.5.
November 27, 2023 | 5:22 pm
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NEUTRAL IMPACT
Stifel maintains a Buy rating on Aemetis but lowers the price target from $10 to $7.5.
While the reduction in price target could suggest a more conservative outlook on the stock's future performance, the maintenance of a Buy rating indicates that Stifel still sees positive potential in Aemetis. This mixed signal could lead to a neutral short-term impact on the stock price as investors digest both the continued endorsement and the lowered expectations.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100