Roth MKM Initiates Coverage On Beachbody Co with Buy Rating, Announces Price Target of $15
Portfolio Pulse from Benzinga Newsdesk
Roth MKM analyst George Kelly has initiated coverage on Beachbody Co (NYSE:BODY) with a Buy rating and set a price target of $15.
January 05, 2024 | 12:37 pm
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POSITIVE IMPACT
Beachbody Co received a Buy rating from Roth MKM with a price target of $15, indicating a positive outlook from the analyst.
Analyst ratings, especially initiations of coverage with a Buy rating, can have a significant positive impact on a stock's price in the short term. The price target of $15 suggests a substantial upside from the current trading level, which could attract investor interest and drive up the stock price.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 100