Mizuho Initiates Coverage On Orion with Neutral Rating, Announces Price Target of $25
Portfolio Pulse from Benzinga Newsdesk
Mizuho analyst John Roberts initiates coverage on Orion (NYSE:OEC) with a Neutral rating and a price target of $25.
March 27, 2024 | 10:58 am
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NEUTRAL IMPACT
Mizuho initiated coverage on Orion with a Neutral rating and a price target of $25.
The initiation of coverage by Mizuho with a Neutral rating and a specific price target provides investors with a new professional analysis to consider. However, a Neutral rating suggests that Mizuho does not see significant upside or downside in the near term, which is why the short term impact on the stock price is likely neutral. The price target of $25 could serve as a reference point for investors, but since it's not explicitly bullish or bearish, the immediate impact on the stock's price might be limited.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100