B. Riley Securities Maintains Buy on Kimball Electronics, Lowers Price Target to $29
Portfolio Pulse from Benzinga Newsdesk
B. Riley Securities analyst Mike Crawford maintains a Buy rating on Kimball Electronics (NASDAQ:KE) but lowers the price target from $30 to $29.

August 15, 2024 | 12:47 pm
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B. Riley Securities analyst Mike Crawford maintains a Buy rating on Kimball Electronics but lowers the price target from $30 to $29.
The maintained Buy rating suggests continued confidence in Kimball Electronics' performance, but the lowered price target indicates a slight reduction in expected upside. This mixed signal is likely to result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100