Northland Capital Markets Downgrades Vertex Energy to Market Perform, Announces $2 Price Target
Portfolio Pulse from Benzinga Newsdesk
Northland Capital Markets analyst Donovan Schafer downgraded Vertex Energy (NASDAQ:VTNR) from Outperform to Market Perform and set a price target of $2.
January 24, 2024 | 2:35 pm
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Vertex Energy was downgraded by Northland Capital Markets from Outperform to Market Perform with a new price target of $2.
Downgrades by analysts can lead to a negative perception among investors, potentially causing a short-term decline in the stock price. The new price target of $2 suggests a lower expected future price, which could further impact investor sentiment negatively.
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