Roth MKM Downgrades Clarus to Neutral, Lowers Price Target to $6
Portfolio Pulse from Benzinga Newsdesk
Roth MKM analyst Matt Koranda has downgraded Clarus (NASDAQ:CLAR) from Buy to Neutral and lowered the price target from $7.5 to $6.
August 02, 2024 | 5:03 pm
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NEGATIVE IMPACT
Roth MKM analyst Matt Koranda downgraded Clarus from Buy to Neutral and reduced the price target from $7.5 to $6.
The downgrade from Buy to Neutral and the reduction in the price target from $7.5 to $6 by Roth MKM is likely to negatively impact Clarus' stock price in the short term as it reflects a less optimistic outlook from a reputable analyst.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100