Keefe, Bruyette & Woods Downgrades Federal Agricultural to Market Perform, Raises Price Target to $215
Portfolio Pulse from Benzinga Newsdesk
Keefe, Bruyette & Woods has downgraded Federal Agricultural (NYSE:AGM) from Outperform to Market Perform, while raising the price target from $212 to $215.
July 29, 2024 | 11:39 am
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Keefe, Bruyette & Woods has downgraded Federal Agricultural (NYSE:AGM) from Outperform to Market Perform, while raising the price target from $212 to $215.
The downgrade from Outperform to Market Perform suggests a less optimistic outlook on the stock's performance, which could lead to a short-term negative impact on the stock price. However, the raised price target to $215 indicates some underlying confidence in the company's value.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100