Evercore ISI Group Maintains Outperform on Bristow Group, Lowers Price Target to $38
Portfolio Pulse from Benzinga Newsdesk
Evercore ISI Group analyst James West maintains an Outperform rating on Bristow Group (NYSE:VTOL) but lowers the price target from $39 to $38.
March 08, 2024 | 3:29 pm
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Evercore ISI Group maintains an Outperform rating on Bristow Group but lowers the price target from $39 to $38.
The adjustment in price target by Evercore ISI Group, while maintaining an Outperform rating, suggests a slight recalibration of expectations rather than a fundamental shift in the company's outlook. The reduction in price target is relatively minor, indicating that the analyst still sees positive momentum but perhaps with a bit more caution. This could lead to a neutral short-term impact on the stock as investors digest the implications of the adjusted price target.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100