Roth MKM Maintains Buy on Franklin Covey, Lowers Price Target to $59
Portfolio Pulse from Benzinga Newsdesk
Roth MKM analyst Jeff Martin has maintained a Buy rating on Franklin Covey (NYSE:FC) but has reduced the price target from $61 to $59.
December 19, 2023 | 2:17 pm
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NEUTRAL IMPACT
Roth MKM has maintained a Buy rating on Franklin Covey but lowered the price target from $61 to $59, indicating a slight reduction in expected future stock performance.
The reduction in price target by Roth MKM suggests a minor adjustment in the expected valuation of Franklin Covey, which could lead to a short-term negative sentiment among investors. However, since the rating remains a Buy, the overall impact is likely to be neutral as the analyst still sees upside potential.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100