HC Wainwright & Co. Maintains Buy on Vertex Energy, Lowers Price Target to $3.5
Portfolio Pulse from Benzinga Newsdesk
HC Wainwright & Co. analyst Amit Dayal maintains a Buy rating on Vertex Energy (VTNR) but lowers the price target from $8 to $3.5.

February 29, 2024 | 2:53 pm
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NEGATIVE IMPACT
Vertex Energy's Buy rating is maintained by HC Wainwright & Co., but the price target is reduced from $8 to $3.5.
The reduction in the price target from $8 to $3.5 by a reputable analyst firm like HC Wainwright & Co. could lead to a negative perception among investors regarding Vertex Energy's future financial performance or market position, potentially causing a short-term decrease in stock price.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100