Stifel Maintains Hold on Hydrofarm Holdings Group, Lowers Price Target to $0.75
Portfolio Pulse from Benzinga Newsdesk
Stifel analyst W. Andrew Carter maintains a Hold rating on Hydrofarm Holdings Group (NASDAQ:HYFM) and lowers the price target from $0.9 to $0.75.
July 29, 2024 | 5:51 pm
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Stifel analyst W. Andrew Carter maintains a Hold rating on Hydrofarm Holdings Group (NASDAQ:HYFM) and lowers the price target from $0.9 to $0.75.
The lowered price target from $0.9 to $0.75 by Stifel suggests a negative outlook on Hydrofarm Holdings Group's stock performance. This could lead to a short-term decline in the stock price as investors react to the revised target.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100