GLJ Research Maintains Sell on JinkoSolar Holding Co, Lowers Price Target to $11.74
Portfolio Pulse from Benzinga Newsdesk
GLJ Research analyst Gordon Johnson has reiterated a Sell rating on JinkoSolar Holding Co (NYSE:JKS) and reduced the price target from $19.32 to $11.74.
December 08, 2023 | 4:29 pm
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NEGATIVE IMPACT
GLJ Research analyst has maintained a Sell rating on JinkoSolar Holding Co and lowered the price target to $11.74, indicating a bearish outlook.
The reduction in the price target by GLJ Research reflects a negative sentiment towards JinkoSolar's stock, which could lead to a decrease in its share price in the short term as investors adjust to the new analyst expectations.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100