B. Riley Securities Maintains Buy on RMR Gr, Lowers Price Target to $35
Portfolio Pulse from Benzinga Newsdesk
B. Riley Securities analyst Bryan Maher maintains a Buy rating on RMR Group (NASDAQ:RMR) but lowers the price target from $37 to $35.

March 08, 2024 | 1:33 pm
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B. Riley Securities maintains a Buy rating on RMR Group but lowers the price target from $37 to $35.
The adjustment in price target by B. Riley Securities reflects a slight moderation in their valuation assessment of RMR Group, possibly due to updated financial projections or market conditions. However, maintaining a Buy rating indicates a continued positive outlook on the company's performance. The impact on the stock price is neutral short term as the lowered price target might be offset by the reaffirmed Buy rating.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100