Barrington Research Maintains Outperform on Franklin Covey, Lowers Price Target to $45
Portfolio Pulse from Benzinga Newsdesk
Barrington Research analyst Alexander Paris maintains an Outperform rating on Franklin Covey (NYSE:FC) but lowers the price target from $55 to $45.

March 28, 2024 | 2:24 pm
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Barrington Research maintains an Outperform rating on Franklin Covey but lowers the price target from $55 to $45.
While the maintenance of an Outperform rating suggests continued confidence in Franklin Covey's business performance and growth potential, the reduction in the price target could reflect adjustments in valuation expectations, possibly due to market conditions or revised earnings forecasts. This mixed signal might lead to short-term uncertainty among investors, potentially causing minor fluctuations in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100