EF Hutton Downgrades Kimball Electronics to Hold, Lowers Price Target to $20
Portfolio Pulse from Benzinga Newsdesk
EF Hutton analyst Tim Moore has downgraded Kimball Electronics (NASDAQ:KE) from Buy to Hold and lowered the price target from $34 to $20.
August 14, 2024 | 3:48 pm
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NEGATIVE IMPACT
EF Hutton analyst Tim Moore downgraded Kimball Electronics from Buy to Hold and reduced the price target from $34 to $20.
The downgrade from Buy to Hold and the significant reduction in the price target from $34 to $20 by EF Hutton is likely to negatively impact investor sentiment and the stock price of Kimball Electronics in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100