B. Riley Securities Maintains Neutral on Terran Orbital, Lowers Price Target to $1
Portfolio Pulse from Benzinga Newsdesk
B. Riley Securities analyst Mike Crawford has maintained a Neutral rating on Terran Orbital (NYSE:LLAP) and lowered the price target from $1.35 to $1.
March 04, 2024 | 2:06 pm
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NEGATIVE IMPACT
Terran Orbital's price target was lowered from $1.35 to $1 by B. Riley Securities, while maintaining a Neutral rating.
A reduction in the price target by an analyst, especially from a reputable firm like B. Riley Securities, can lead to negative investor sentiment in the short term, potentially causing a decrease in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100