Canaccord Genuity Maintains Buy on Holley, Lowers Price Target to $7
Portfolio Pulse from Benzinga Newsdesk
Canaccord Genuity analyst Brian McNamara maintains a Buy rating on Holley (NYSE:HLLY) but lowers the price target from $8 to $7.
August 08, 2024 | 11:43 am
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Canaccord Genuity maintains a Buy rating on Holley but lowers the price target from $8 to $7.
The maintained Buy rating suggests continued confidence in Holley's long-term prospects, but the lowered price target indicates some short-term concerns or adjustments in valuation. This mixed signal is likely to result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100