DA Davidson Maintains Neutral on Shyft Group, Lowers Price Target to $12
Portfolio Pulse from Benzinga Newsdesk
DA Davidson analyst Michael Shlisky maintains a Neutral rating on Shyft Group (NASDAQ:SHYF) and lowers the price target from $13 to $12.

February 27, 2024 | 4:32 pm
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DA Davidson analyst Michael Shlisky maintains a Neutral rating on Shyft Group and lowers the price target from $13 to $12.
The reduction in price target by DA Davidson suggests a less optimistic outlook on Shyft Group's stock, potentially leading to a short-term negative impact on its stock price. The maintenance of a Neutral rating indicates that the analyst does not see significant upside or downside from the current price level, but the lowering of the price target could influence investor sentiment negatively.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100