Sidoti & Co. Downgrades Kimball Electronics to Neutral, Announces $19 Price Target
Portfolio Pulse from Benzinga Newsdesk
Sidoti & Co. analyst Anja Soderstrom has downgraded Kimball Electronics (NASDAQ:KE) from Buy to Neutral and set a price target of $19.
August 15, 2024 | 12:10 pm
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Sidoti & Co. analyst Anja Soderstrom has downgraded Kimball Electronics from Buy to Neutral and set a price target of $19.
The downgrade from Buy to Neutral by Sidoti & Co. is likely to have a negative short-term impact on Kimball Electronics' stock price. The new price target of $19 suggests limited upside potential, which may lead investors to reassess their positions.
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