B. Riley Securities Maintains Neutral on Montauk Renewables, Lowers Price Target to $6
Portfolio Pulse from Benzinga Newsdesk
B. Riley Securities analyst Ryan Pfingst maintains a Neutral rating on Montauk Renewables (NASDAQ:MNTK) and lowers the price target from $7 to $6.
May 07, 2024 | 5:06 pm
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NEGATIVE IMPACT
B. Riley Securities maintains a Neutral rating on Montauk Renewables and lowers the price target from $7 to $6.
The reduction in price target by B. Riley Securities suggests a less optimistic outlook on Montauk Renewables' stock value in the short term, potentially leading to negative investor sentiment and a decrease in stock price.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100