JP Morgan Maintains Neutral on PGT Innovations, Raises Price Target to $37
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Michael Rehaut has maintained a Neutral rating on PGT Innovations (NYSE:PGTI) and increased the price target from $33 to $37.
December 14, 2023 | 12:12 pm
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JP Morgan analyst Michael Rehaut maintains a Neutral rating on PGT Innovations but raises the price target from $33 to $37.
The increase in price target by a reputable analyst like Michael Rehaut from JP Morgan could lead to a positive short term sentiment among investors, potentially pushing the stock price up. However, since the rating remains Neutral, the impact may not be as strong as it would be with an upgrade to Overweight or Buy.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100