Craig-Hallum Maintains Hold on Purple Innovation, Raises Price Target to $2
Portfolio Pulse from Benzinga Newsdesk
Craig-Hallum analyst Jeremy Hamblin maintains a Hold rating on Purple Innovation (NASDAQ:PRPL) and raises the price target from $1 to $2.
March 13, 2024 | 2:48 pm
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Craig-Hallum analyst Jeremy Hamblin maintains a Hold rating on Purple Innovation and raises the price target from $1 to $2.
The increase in price target by Craig-Hallum suggests a positive outlook on Purple Innovation's future performance, potentially leading to increased investor confidence and a short-term positive impact on the stock price.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100