Piper Sandler Maintains Neutral on ChampionX, Raises Price Target to $40
Portfolio Pulse from Benzinga Newsdesk
Piper Sandler analyst Luke Lemoine has maintained a Neutral rating on ChampionX (NASDAQ:CHX) and increased the price target from $32 to $40.
April 08, 2024 | 11:14 am
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Piper Sandler maintains a Neutral rating on ChampionX but raises the price target from $32 to $40.
The increase in price target from $32 to $40 by Piper Sandler suggests a positive outlook on ChampionX's stock value in the short term, despite maintaining a Neutral rating. This adjustment in price target could lead to increased investor interest and potentially a rise in stock price as the market adjusts to the new valuation.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100