Lake Street Maintains Buy on Argan, Raises Price Target to $70
Portfolio Pulse from Benzinga Newsdesk
Lake Street analyst Rob Brown has maintained a Buy rating on Argan (NYSE:AGX) and increased the price target from $61 to $70.
April 12, 2024 | 2:48 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Lake Street analyst Rob Brown reaffirmed a Buy rating on Argan and raised the price target to $70 from $61.
The increase in price target by a reputable analyst suggests a positive outlook on Argan's future performance, likely leading to increased investor confidence and potentially a rise in stock price in the short term.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100