Keybanc Maintains Overweight on OneWater Marine, Lowers Price Target to $30
Portfolio Pulse from Benzinga Newsdesk
Keybanc analyst Brett Andress has maintained an Overweight rating on OneWater Marine (NASDAQ:ONEW) but lowered the price target from $34 to $30.
May 03, 2024 | 5:54 pm
News sentiment analysis
Sort by:
Ascending
NEUTRAL IMPACT
Keybanc maintains an Overweight rating on OneWater Marine but lowers the price target from $34 to $30.
The adjustment in price target by Keybanc reflects a revised valuation perspective, yet the maintenance of an Overweight rating indicates a continued positive outlook on the stock. This could lead to mixed short-term market reactions, as investors weigh the lowered price target against the analyst's ongoing confidence in the company's fundamentals.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100