B. Riley Securities Maintains Buy on Beam Glb, Lowers Price Target to $10
Portfolio Pulse from Benzinga Newsdesk
B. Riley Securities analyst Christopher Souther maintains a Buy rating on Beam Global (NASDAQ:BEEM) but lowers the price target from $11 to $10.
August 14, 2024 | 1:00 pm
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NEUTRAL IMPACT
B. Riley Securities maintains a Buy rating on Beam Global but lowers the price target from $11 to $10.
The Buy rating suggests continued confidence in Beam Global's prospects, but the lowered price target indicates some caution. This mixed signal is likely to result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100