EF Hutton Maintains Buy on PEDEVCO, Maintains $2.25 Price Target
Portfolio Pulse from Benzinga Newsdesk
EF Hutton analyst Tim Moore maintains a Buy rating on PEDEVCO (AMEX:PED) with a price target of $2.25.
May 16, 2024 | 6:34 pm
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POSITIVE IMPACT
EF Hutton analyst Tim Moore maintains a Buy rating on PEDEVCO with a price target of $2.25, indicating confidence in the company's future performance.
The reaffirmation of a Buy rating and a specific price target of $2.25 by a reputable analyst suggests positive sentiment and confidence in PEDEVCO's future performance. This is likely to have a positive short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100