B. Riley Securities Downgrades Vista Outdoor to Neutral, Maintains Price Target to $43
Portfolio Pulse from Benzinga Newsdesk
B. Riley Securities has downgraded Vista Outdoor (NYSE:VSTO) from Buy to Neutral, while maintaining the price target at $43.

August 07, 2024 | 9:51 am
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NEGATIVE IMPACT
B. Riley Securities has downgraded Vista Outdoor from Buy to Neutral, while maintaining the price target at $43.
The downgrade from Buy to Neutral by B. Riley Securities suggests a less optimistic outlook for Vista Outdoor's stock performance in the short term. Maintaining the price target at $43 indicates that the analyst does not foresee significant upside potential. This could lead to a negative sentiment among investors, potentially causing a short-term decline in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100