Stifel Maintains Buy on DMC Glb, Lowers Price Target to $19
Portfolio Pulse from Benzinga Newsdesk
Stifel analyst Stephen Gengaro maintains a Buy rating on DMC Global (NASDAQ: BOOM) but lowers the price target from $24 to $19.
August 05, 2024 | 1:15 pm
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NEUTRAL IMPACT
Stifel analyst Stephen Gengaro maintains a Buy rating on DMC Global but lowers the price target from $24 to $19.
The Buy rating suggests continued confidence in the stock, but the lowered price target indicates a more cautious outlook. This mixed signal is likely to result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100