Keefe, Bruyette & Woods Reinstates Market Perform on Houlihan Lokey, Announces $127 Price Target
Portfolio Pulse from Benzinga Newsdesk
Keefe, Bruyette & Woods analyst Michael Brown has reinstated coverage on Houlihan Lokey (NYSE:HLI) with a 'Market Perform' rating and set a price target of $127.
January 29, 2024 | 11:35 am
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NEUTRAL IMPACT
Houlihan Lokey has been reinstated by Keefe, Bruyette & Woods with a 'Market Perform' rating and a price target of $127.
The reinstatement of coverage with a 'Market Perform' rating suggests a neutral outlook, indicating that the stock is expected to perform in line with the market or sector. The price target of $127 provides a reference point for investors but does not imply significant upside or downside, hence the neutral score. The high relevance is due to the direct mention of Houlihan Lokey and the specific price target. The importance is significant as analyst ratings can influence investor sentiment and stock price. The confidence level is high due to the clear and direct nature of the analyst's rating and price target.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100