Roth MKM Maintains Buy on Mission Produce, Lowers Price Target to $12.5
Portfolio Pulse from Benzinga Newsdesk
Roth MKM analyst Gerry Sweeney has maintained a Buy rating on Mission Produce (NASDAQ:AVO) but has reduced the price target from $18 to $12.5.
November 28, 2023 | 2:58 pm
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Roth MKM analyst Gerry Sweeney maintains a Buy rating on Mission Produce but lowers the price target from $18 to $12.5.
While the reduction in price target could suggest a more cautious outlook on the stock's valuation or expected performance, the maintenance of a Buy rating indicates that the analyst still sees positive prospects for the company. Investors might have mixed reactions, with some potentially concerned about the lowered target, while others may focus on the continued positive rating.
CONFIDENCE 90
IMPORTANCE 75
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