Barrington Research Maintains Outperform on The Hackett Group, Lowers Price Target to $26
Portfolio Pulse from Benzinga Newsdesk
Barrington Research analyst Vincent Colicchio has maintained an Outperform rating on The Hackett Group (HCKT) but lowered the price target from $28 to $26.
May 08, 2024 | 5:19 pm
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NEUTRAL IMPACT
The Hackett Group's Outperform rating is maintained by Barrington Research, though the price target is reduced from $28 to $26.
While the maintenance of an Outperform rating suggests continued confidence in The Hackett Group's potential, the reduction in the price target could reflect a reassessment of near-term growth expectations or market conditions. This mixed signal might lead to neutral short-term price movement as investors weigh the positive rating against the lowered price expectations.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100