DA Davidson Maintains Buy on Concrete Pumping Holdings, Lowers Price Target to $9
Portfolio Pulse from Benzinga Newsdesk
DA Davidson analyst Brent Thielman maintains a Buy rating on Concrete Pumping Holdings (NASDAQ:BBCP) but lowers the price target from $11 to $9.
June 10, 2024 | 4:07 pm
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DA Davidson analyst Brent Thielman maintains a Buy rating on Concrete Pumping Holdings (NASDAQ:BBCP) but lowers the price target from $11 to $9.
The Buy rating suggests continued confidence in the company's performance, but the lowered price target indicates some caution about future growth or market conditions. This mixed signal is likely to result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100