EF Hutton Maintains Buy on Kimball Electronics, Lowers Price Target to $33
Portfolio Pulse from Benzinga Newsdesk
EF Hutton analyst Tim Moore has maintained a Buy rating on Kimball Electronics (NASDAQ:KE) but has lowered the price target from $37 to $33.

February 07, 2024 | 12:07 pm
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EF Hutton has maintained a Buy rating on Kimball Electronics but lowered the price target from $37 to $33.
The adjustment in price target by EF Hutton, while maintaining a Buy rating, suggests a positive outlook on KE's fundamentals but acknowledges external or internal factors that may have led to a more conservative valuation. This could lead to a neutral short-term impact on KE's stock price as the market digests the lowered price target against the backdrop of a continued endorsement of the stock's value.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100