Keefe, Bruyette & Woods Maintains Underperform on Horizon Tech Finance, Lowers Price Target to $9.5
Portfolio Pulse from Benzinga Newsdesk
Keefe, Bruyette & Woods analyst Paul Johnson has maintained an Underperform rating on Horizon Tech Finance (HRZN) and lowered the price target from $10 to $9.5.
March 12, 2024 | 1:57 pm
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NEGATIVE IMPACT
Keefe, Bruyette & Woods has maintained an Underperform rating on Horizon Tech Finance and lowered the price target from $10 to $9.5.
The reduction in price target by a reputable analyst firm like Keefe, Bruyette & Woods suggests a bearish outlook on HRZN's stock price in the short term. This could lead to negative sentiment among investors, potentially causing the stock price to decrease.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100