B. Riley Securities Maintains Buy on OPAL Fuels, Lowers Price Target to $10
Portfolio Pulse from Benzinga Newsdesk
B. Riley Securities analyst Ryan Pfingst has maintained a Buy rating on OPAL Fuels (NASDAQ:OPAL) but lowered the price target from $14 to $10.
March 07, 2024 | 1:29 pm
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B. Riley Securities maintains a Buy rating on OPAL Fuels but lowers the price target from $14 to $10.
While the maintenance of a Buy rating suggests continued confidence in OPAL Fuels' fundamentals and growth prospects, the reduction in the price target could reflect adjustments in valuation metrics, market conditions, or company-specific factors. This mixed signal might lead to short-term uncertainty among investors, potentially causing neutral impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100