Loop Capital Maintains Buy on American Vanguard, Raises Price Target to $20
Portfolio Pulse from Benzinga Newsdesk
Loop Capital analyst Chris Kapsch has maintained a Buy rating on American Vanguard (NYSE:AVD) and increased the price target from $19 to $20.
April 15, 2024 | 2:38 pm
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American Vanguard's stock rating was maintained as Buy by Loop Capital, with the price target raised from $19 to $20.
The maintenance of a Buy rating combined with an increased price target typically signals a positive outlook on the stock by the analyst, suggesting a belief in the company's potential for growth or continued strong performance. This can positively influence investor sentiment and potentially lead to an increase in stock price in the short term.
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