Baird Maintains Outperform on Advanced Drainage Systems, Lowers Price Target to $187
Portfolio Pulse from Benzinga Newsdesk
Baird analyst Michael Halloran maintains an Outperform rating on Advanced Drainage Systems (NYSE:WMS) but lowers the price target from $200 to $187.
August 09, 2024 | 11:44 am
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Baird analyst Michael Halloran maintains an Outperform rating on Advanced Drainage Systems but lowers the price target from $200 to $187.
The Outperform rating suggests continued confidence in the stock's performance, but the lowered price target indicates a more cautious outlook. This mixed signal is likely to result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100