B. Riley Securities Initiates Coverage On Sky Harbour Group with Buy Rating, Announces Price Target of $15
Portfolio Pulse from Benzinga Newsdesk
B. Riley Securities analyst Matt Howlett has initiated coverage on Sky Harbour Group (AMEX:SKYH) with a Buy rating and set a price target of $15 for the company's stock.

January 18, 2024 | 3:55 pm
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POSITIVE IMPACT
Sky Harbour Group received a Buy rating from B. Riley Securities with a price target of $15, indicating a positive outlook from the analyst.
The initiation of coverage by B. Riley Securities with a Buy rating and a price target that is potentially higher than the current trading price can be seen as a strong positive endorsement for Sky Harbour Group. This could lead to increased investor interest and a potential short-term rise in the stock price, as market participants may view the analyst's rating as a credible signal of the company's future performance.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100