Roth MKM Maintains Buy on Broadwind, Lowers Price Target to $3.5
Portfolio Pulse from Benzinga Newsdesk
Roth MKM analyst Justin Clare maintains a Buy rating on Broadwind (NASDAQ:BWEN) but lowers the price target from $4 to $3.5.
August 14, 2024 | 2:49 pm
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Roth MKM analyst Justin Clare maintains a Buy rating on Broadwind but lowers the price target from $4 to $3.5.
The maintained Buy rating suggests continued confidence in Broadwind's prospects, but the lowered price target indicates some caution about its near-term performance. This mixed signal is likely to result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100