Roth MKM Maintains Buy on Soho House, Lowers Price Target to $7.5
Portfolio Pulse from Benzinga Newsdesk
Roth MKM analyst George Kelly has maintained a Buy rating on Soho House (NYSE:SHCO) but has lowered the price target from $10 to $7.5.

March 18, 2024 | 1:40 pm
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NEUTRAL IMPACT
Roth MKM maintains a Buy rating on Soho House but lowers the price target from $10 to $7.5.
While the maintenance of a Buy rating indicates continued confidence in Soho House's fundamentals, the reduction in the price target could suggest a reassessment of the company's near-term growth prospects or market conditions. This mixed signal might lead to short-term uncertainty among investors, potentially stabilizing the stock price as the market digests the implications.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100