B. Riley Securities Downgrades Terran Orbital to Neutral, Lowers Price Target to $1.35
Portfolio Pulse from Benzinga Newsdesk
B. Riley Securities analyst Mike Crawford has downgraded Terran Orbital (NYSE:LLAP) from Buy to Neutral and reduced the price target from $2.5 to $1.35.
January 08, 2024 | 12:44 pm
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Terran Orbital downgraded by B. Riley Securities from Buy to Neutral with a price target decrease from $2.5 to $1.35.
Downgrades by analysts can lead to negative investor sentiment and potential stock price decline. The reduction in price target suggests lower expected future performance, which may also negatively impact the stock price in the short term.
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