Stifel Maintains Buy on Montrose Environmental Gr, Raises Price Target to $48
Portfolio Pulse from Benzinga Newsdesk
Stifel analyst Michael Hoffman maintains a Buy rating on Montrose Environmental Gr (NYSE:MEG) and raises the price target from $36 to $48.
March 01, 2024 | 1:58 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Stifel analyst Michael Hoffman reaffirmed a Buy rating on Montrose Environmental Gr and increased the price target from $36 to $48.
The upgrade in the price target by a reputable analyst like Michael Hoffman suggests a strong confidence in Montrose Environmental Gr's future performance. This is likely to positively influence investor sentiment and potentially increase the stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100