Baird Maintains Neutral on Sportsman's Warehouse, Lowers Price Target to $4
Portfolio Pulse from Benzinga Newsdesk
Baird analyst Peter Benedict has maintained a Neutral rating on Sportsman's Warehouse (NASDAQ:SPWH) and lowered the price target from $5 to $4.
April 04, 2024 | 11:51 am
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NEGATIVE IMPACT
Baird analyst Peter Benedict maintains a Neutral rating on Sportsman's Warehouse, with a reduced price target from $5 to $4.
The reduction in price target by Baird, a reputable financial institution, could lead to a negative short-term sentiment among investors, potentially causing a decrease in SPWH's stock price. The Neutral rating suggests no significant positive catalysts are expected to drive the stock price higher in the near term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100