Roth MKM Maintains Buy on Bowman Consulting Group, Lowers Price Target to $47
Portfolio Pulse from Benzinga Newsdesk
Roth MKM analyst Jeff Martin maintains a Buy rating on Bowman Consulting Group (BWMN) but lowers the price target from $49 to $47.

May 08, 2024 | 4:13 pm
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NEUTRAL IMPACT
Roth MKM maintains a Buy rating on Bowman Consulting Group but lowers the price target from $49 to $47.
The adjustment in price target by Roth MKM reflects a slight change in valuation perspective, possibly due to updated financial analysis or market conditions. However, maintaining a Buy rating indicates a continued positive outlook on the company's performance. The impact on the stock price could be neutral to slightly negative in the short term as the market digests the lower price target, but the Buy rating suggests underlying confidence in the company's fundamentals.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100