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.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 100