Stifel Maintains Buy on Westrock Coffee, Raises Price Target to $12
Portfolio Pulse from Benzinga Newsdesk
Stifel analyst Matthew Smith has maintained a Buy rating on Westrock Coffee (NASDAQ:WEST) and increased the price target from $11 to $12.
December 15, 2023 | 5:54 pm
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Stifel analyst reaffirms Buy rating on Westrock Coffee and raises price target to $12, indicating a positive outlook on the stock.
The increase in price target by a reputable analyst typically signals a positive forecast for the company's stock performance and can lead to increased investor confidence, potentially driving the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100