Craig-Hallum Maintains Hold on Purple Innovation, Lowers Price Target to $1.5
Portfolio Pulse from Benzinga Newsdesk
Craig-Hallum analyst Jeremy Hamblin maintains a Hold rating on Purple Innovation (NASDAQ:PRPL) and lowers the price target from $2 to $1.5.
August 06, 2024 | 2:54 pm
News sentiment analysis
Sort by:
Descending
NEGATIVE IMPACT
Craig-Hallum analyst Jeremy Hamblin maintains a Hold rating on Purple Innovation and lowers the price target from $2 to $1.5.
The lowered price target from $2 to $1.5 by Craig-Hallum suggests a negative outlook on Purple Innovation's stock performance, likely leading to a short-term decline in its stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100