Stifel Maintains Buy on MasterCraft Boat Hldgs, Lowers Price Target to $25
Portfolio Pulse from Benzinga Newsdesk
Stifel analyst Drew Crum has maintained a Buy rating on MasterCraft Boat Holdings (NASDAQ:MCFT) but lowered the price target from $27 to $25.
May 09, 2024 | 2:03 pm
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NEUTRAL IMPACT
Stifel maintains a Buy rating on MasterCraft Boat Holdings but lowers the price target from $27 to $25.
While the reduction in the price target from $27 to $25 by Stifel could suggest a more cautious outlook on MasterCraft Boat Holdings' short-term price potential, the maintenance of a Buy rating indicates a continued positive view on the company's fundamentals. This mixed signal could lead to neutral short-term price movement as investors weigh the lowered price target against the reaffirmed confidence in the stock.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100