Maxim Group Maintains Buy on Cheetah Net Supply Chain, Lowers Price Target to $4
Portfolio Pulse from Benzinga Newsdesk
Maxim Group analyst Tate Sullivan has maintained a Buy rating on Cheetah Net Supply Chain (CTNT) but lowered the price target from $5 to $4.

March 20, 2024 | 4:27 pm
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NEUTRAL IMPACT
Maxim Group maintains a Buy rating on Cheetah Net Supply Chain but lowers the price target from $5 to $4.
While the maintenance of a Buy rating suggests continued confidence in the company's fundamentals, the reduction in the price target could indicate 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 positive and negative factors balance each other out.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100