Stifel Maintains Buy on OneWater Marine, Raises Price Target to $34
Portfolio Pulse from Benzinga Newsdesk
Stifel analyst Drew Crum has reaffirmed a Buy rating on OneWater Marine (NASDAQ:ONEW) and increased the price target from $32 to $34, indicating a positive outlook on the company's stock.
January 17, 2024 | 3:28 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Stifel analyst Drew Crum maintains a Buy rating on OneWater Marine and raises the price target from $32 to $34, suggesting a bullish stance on the stock.
The increase in price target by Stifel reflects an analyst's confidence in OneWater Marine's future performance. This kind of positive adjustment typically leads to increased investor confidence and can result in a short-term uptick in the stock's price as market participants react to the analyst's upgraded outlook.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 100