UBS Maintains Neutral on JinkoSolar Holding Co, Lowers Price Target to $30
Portfolio Pulse from Benzinga Newsdesk
UBS analyst Jon Windham has maintained a Neutral rating on JinkoSolar Holding Co (NYSE:JKS) and lowered the price target from $31 to $30.
March 21, 2024 | 2:57 pm
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NEUTRAL IMPACT
UBS has maintained a Neutral rating on JinkoSolar Holding Co and reduced the price target from $31 to $30.
The adjustment in price target by a major analyst like UBS, while maintaining a Neutral stance, suggests a minor recalibration of expectations rather than a significant change in the company's outlook. This is likely to have a neutral short-term impact on JKS's stock price, as the market absorbs the slight adjustment without a change in the overall rating.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100