B. Riley Securities Initiates Coverage On Seacor Marine Hldgs with Buy Rating, Announces Price Target of $17
Portfolio Pulse from Benzinga Newsdesk
B. Riley Securities analyst Liam Burke has initiated coverage on Seacor Marine Holdings (NYSE:SMHI) with a Buy rating and set a price target of $17.
December 01, 2023 | 2:01 pm
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B. Riley Securities has initiated coverage on Seacor Marine Holdings with a Buy rating and a price target of $17.
Initiation of coverage by an analyst with a Buy rating typically suggests a positive outlook on the stock, which can lead to increased investor interest and potentially a rise in the stock price in the short term. The price target of $17 indicates a significant upside from the current trading price, assuming the stock is trading below this target.
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