B. Riley Securities Maintains Buy on Capital Product Partners, Raises Price Target to $24-Report Released on 2 February 2024
Portfolio Pulse from Benzinga Newsdesk
B. Riley Securities analyst Liam Burke has maintained a Buy rating on Capital Product Partners (NASDAQ:CPLP) and increased the price target from $19 to $24 as of 2 February 2024.
February 05, 2024 | 7:33 pm
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B. Riley Securities has reaffirmed a Buy rating on Capital Product Partners and raised the price target from $19 to $24.
The upgrade in price target by a reputable analyst like Liam Burke from B. Riley Securities typically signals a strong bullish outlook on the stock, suggesting a positive short-term impact on CPLP's stock price. The increase from $19 to $24 represents a significant upward revision, indicating improved fundamentals or growth prospects for Capital Product Partners.
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