B. Riley Securities Maintains Neutral on MasterCraft Boat Hldgs, Lowers Price Target to $22
Portfolio Pulse from Benzinga Newsdesk
B. Riley Securities analyst Eric Wold maintains a Neutral rating on MasterCraft Boat Holdings (MCFT) and lowers the price target from $24 to $22.

April 16, 2024 | 5:33 pm
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B. Riley Securities maintains a Neutral rating on MasterCraft Boat Holdings and lowers the price target from $24 to $22.
The adjustment in price target by B. Riley Securities reflects a revised valuation assessment of MasterCraft Boat Holdings, likely due to updated financial analysis or market conditions. However, maintaining a Neutral rating indicates that the analyst sees neither a strong upside nor a significant downside from the current price level, suggesting a short-term price stability. The reduction in price target might slightly dampen investor sentiment but is unlikely to cause a significant price movement given the neutral stance.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100