Scotiabank Maintains Sector Perform on Black Hills, Lowers Price Target to $54
Portfolio Pulse from Benzinga Newsdesk
Scotiabank analyst Andrew Weisel maintains a Sector Perform rating on Black Hills (NYSE:BKH) and lowers the price target from $58 to $54.
April 22, 2024 | 5:45 pm
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Scotiabank maintains a Sector Perform rating on Black Hills and lowers the price target from $58 to $54.
The reduction in price target by Scotiabank could lead to a negative short-term sentiment among investors, potentially causing a decrease in Black Hills' stock price. The maintenance of a Sector Perform rating indicates a neutral long-term outlook, but the lowered price target suggests concerns about the company's near-term performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100