DA Davidson Initiates Coverage On SunOpta with Buy Rating, Announces Price Target of $8
Portfolio Pulse from Benzinga Newsdesk
DA Davidson analyst Brian Holland has initiated coverage on SunOpta, a company listed on NASDAQ under the ticker STKL, with a Buy rating. Additionally, Holland has set a price target for SunOpta at $8.
December 08, 2023 | 10:40 am
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SunOpta receives a Buy rating from DA Davidson analyst Brian Holland, with a price target set at $8, indicating a positive outlook for the stock.
The initiation of coverage by an analyst with a Buy rating typically suggests a positive outlook on the stock's future performance. The announcement of a price target above the current trading price can influence investor sentiment and potentially lead to an increase in the stock price in the short term.
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IMPORTANCE 85
RELEVANCE 100