Stifel Maintains Hold on Matson, Raises Price Target to $108
Portfolio Pulse from Benzinga Newsdesk
Stifel analyst Benjamin Nolan has maintained a Hold rating on Matson (NYSE:MATX) and increased the price target from $102 to $108.

January 19, 2024 | 5:07 pm
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Stifel analyst Benjamin Nolan reaffirmed a Hold rating on Matson and raised the price target to $108, indicating a positive outlook on the stock's value.
The increase in price target by Stifel suggests a positive reassessment of Matson's value, which could lead to increased investor confidence and a potential short-term rise in the stock price. However, since the rating remains a Hold, the impact may be moderate as it does not suggest a strong buy or sell action.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100