Stephens & Co. Maintains Overweight on Mission Produce, Lowers Price Target to $12
Portfolio Pulse from Benzinga Newsdesk
Stephens & Co. analyst Ben Bienvenu has maintained an Overweight rating on Mission Produce (NASDAQ:AVO) but has reduced the price target from $13 to $12.

December 22, 2023 | 3:21 pm
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Stephens & Co. maintains an Overweight rating on Mission Produce, indicating a positive outlook, but lowers the price target from $13 to $12, suggesting a reduced growth expectation.
While the Overweight rating suggests that Stephens & Co. still sees Mission Produce as a good investment, the reduction in the price target could indicate a tempered expectation for the stock's performance in the short term. This mixed signal may lead to a neutral short-term impact on the stock price as investors digest both the positive rating and the lower price target.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100