EF Hutton Maintains Buy on Core Molding Technologies, Raises Price Target to $27
Portfolio Pulse from Benzinga Newsdesk
EF Hutton analyst Tim Moore has maintained a Buy rating on Core Molding Technologies (AMEX:CMT) and increased the price target from $25 to $27.
March 13, 2024 | 4:58 pm
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POSITIVE IMPACT
EF Hutton has reaffirmed a Buy rating on Core Molding Technologies and raised the price target to $27, indicating a positive outlook on the stock.
The upgrade in price target by a reputable analyst like EF Hutton suggests a strong confidence in Core Molding Technologies' future performance. This is likely to positively influence investor sentiment and could lead to an increase in stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100