B of A Securities Maintains Buy on Portillos, Lowers Price Target to $17
Portfolio Pulse from Benzinga Newsdesk
B of A Securities analyst Sara Senatore maintains a Buy rating on Portillos (NASDAQ:PTLO) but lowers the price target from $20 to $17.
July 17, 2024 | 5:30 pm
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B of A Securities analyst Sara Senatore maintains a Buy rating on Portillos but lowers the price target from $20 to $17.
The Buy rating suggests continued confidence in Portillos' long-term prospects, but the lowered price target indicates some short-term concerns or adjustments in valuation. This mixed signal is likely to result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100