Maxim Group Maintains Buy on Altus Power, Lowers Price Target to $4.5
Portfolio Pulse from Benzinga Newsdesk
Maxim Group analyst Tate Sullivan maintains a Buy rating on Altus Power (NYSE:AMPS) but lowers the price target from $5.5 to $4.5.
August 12, 2024 | 3:37 pm
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NEUTRAL IMPACT
Maxim Group analyst Tate Sullivan maintains a Buy rating on Altus Power but lowers the price target from $5.5 to $4.5.
The Buy rating suggests continued confidence in Altus Power'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