RBC Capital Maintains Sector Perform on Black Hills, Lowers Price Target to $57
Portfolio Pulse from Benzinga Newsdesk
RBC Capital analyst Shelby Tucker maintains a Sector Perform rating on Black Hills (NYSE:BKH) and lowers the price target from $61 to $57.
February 09, 2024 | 3:40 pm
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RBC Capital maintains a Sector Perform rating on Black Hills and lowers the price target from $61 to $57.
The reduction in price target by RBC Capital, while maintaining a Sector Perform rating, suggests a negative adjustment in the valuation of Black Hills. This could lead to a short-term negative impact on the stock price as investors adjust their expectations based on the new price target.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100