HC Wainwright & Co. Maintains Buy on Boxlight, Lowers Price Target to $2
Portfolio Pulse from Benzinga Newsdesk
HC Wainwright & Co. analyst Scott Buck maintains a Buy rating on Boxlight (NASDAQ:BOXL) but lowers the price target from $3 to $2.
March 15, 2024 | 10:07 am
News sentiment analysis
Sort by:
Descending
NEUTRAL IMPACT
Boxlight's Buy rating is maintained by HC Wainwright & Co., but the price target is reduced from $3 to $2.
While the maintenance of a Buy rating indicates continued analyst confidence in Boxlight's fundamentals, the reduction in the price target could reflect adjustments in market conditions or company valuation that might not necessarily deter investor sentiment significantly in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100