Roth MKM Maintains Buy on Fathom Holdings, Lowers Price Target to $4.5
Portfolio Pulse from Benzinga Newsdesk
Roth MKM analyst Darren Aftahi has maintained a Buy rating on Fathom Holdings (NASDAQ:FTHM) but has lowered the price target from $5 to $4.5.
March 15, 2024 | 2:04 pm
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NEUTRAL IMPACT
Roth MKM maintains a Buy rating on Fathom Holdings but lowers the price target from $5 to $4.5.
While the maintenance of a Buy rating by Roth MKM indicates continued confidence in Fathom Holdings' potential, the reduction in the price target could suggest a tempered outlook on the company's short-term price performance. This mixed signal might lead to a neutral short-term impact on the stock price as investors weigh the positive endorsement against the lowered expectations.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100