Benchmark Maintains Buy on Turning Point Brands, Raises Price Target to $45
Portfolio Pulse from Benzinga Newsdesk
Benchmark analyst Michael Legg maintains a Buy rating on Turning Point Brands (NYSE:TPB) and raises the price target from $34 to $45.
May 03, 2024 | 5:21 pm
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POSITIVE IMPACT
Benchmark analyst Michael Legg maintains a Buy rating on Turning Point Brands and raises the price target from $34 to $45.
The upgrade in the price target by a reputable analyst like Michael Legg suggests a strong confidence in Turning Point Brands' future performance. This is likely to positively influence investor sentiment and could lead to an increase in the stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100