Craig-Hallum Maintains Buy on Vuzix, Lowers Price Target to $2
Portfolio Pulse from Benzinga Newsdesk
Craig-Hallum analyst Christian Schwab maintains a Buy rating on Vuzix (NASDAQ:VUZI) but lowers the price target from $3 to $2.
August 15, 2024 | 1:20 pm
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Craig-Hallum analyst Christian Schwab maintains a Buy rating on Vuzix but lowers the price target from $3 to $2.
The lowered price target from $3 to $2 suggests a less optimistic outlook for Vuzix's stock performance, which could lead to a short-term negative impact on the stock price despite the maintained Buy rating.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100