B. Riley Securities Maintains Buy on Clarus, Lowers Price Target to $7
Portfolio Pulse from Benzinga Newsdesk
B. Riley Securities analyst Anna Glaessgen maintains a Buy rating on Clarus (NASDAQ:CLAR) but lowers the price target from $9 to $7.
August 05, 2024 | 4:29 pm
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NEUTRAL IMPACT
B. Riley Securities maintains a Buy rating on Clarus but lowers the price target from $9 to $7.
The maintained Buy rating suggests continued confidence in Clarus, but the lowered price target indicates some concerns about future performance. This mixed signal is likely to result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100