JP Morgan Maintains Neutral on Custom Truck One Source, Lowers Price Target to $6
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Tami Zakaria maintains a Neutral rating on Custom Truck One Source (NYSE:CTOS) and lowers the price target from $7 to $6.
May 03, 2024 | 6:59 pm
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NEGATIVE IMPACT
JP Morgan analyst Tami Zakaria maintains a Neutral rating on Custom Truck One Source and lowers the price target from $7 to $6.
The reduction in price target by JP Morgan, a major financial institution, could lead to a negative short-term impact on CTOS's stock price. Investors often view such adjustments as a signal of expected performance, potentially leading to decreased investor confidence and a drop in stock price.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100