Roth MKM Maintains Neutral on AMMO, Lowers Price Target to $2
Portfolio Pulse from Benzinga Newsdesk
Roth MKM analyst Matt Koranda maintains a Neutral rating on AMMO (NASDAQ:POWW) and lowers the price target from $2.25 to $2.
June 17, 2024 | 12:09 pm
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NEGATIVE IMPACT
Roth MKM analyst Matt Koranda maintains a Neutral rating on AMMO and lowers the price target from $2.25 to $2.
The lowered price target from $2.25 to $2 suggests a less optimistic outlook for AMMO, which could negatively impact investor sentiment and short-term stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100