Roth MKM Maintains Buy on Loop Media, Lowers Price Target to $0.5
Portfolio Pulse from Benzinga Newsdesk
Roth MKM analyst Darren Aftahi maintains a Buy rating on Loop Media (AMEX:LPTV) but lowers the price target from $2 to $0.5.
May 22, 2024 | 1:27 pm
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Roth MKM analyst Darren Aftahi maintains a Buy rating on Loop Media but significantly lowers the price target from $2 to $0.5.
The significant reduction in the price target from $2 to $0.5 suggests a negative outlook on the stock's short-term performance despite the maintained Buy rating. This could lead to a decrease in investor confidence and a potential drop in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100