Benchmark Maintains Buy on Caesarstone, Lowers Price Target to $6
Portfolio Pulse from Benzinga Newsdesk
Benchmark analyst Reuben Garner maintains a Buy rating on Caesarstone (NASDAQ:CSTE) but lowers the price target from $8 to $6.
August 08, 2024 | 4:47 pm
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Benchmark analyst Reuben Garner maintains a Buy rating on Caesarstone but lowers the price target from $8 to $6.
The Buy rating suggests continued confidence in Caesarstone'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