Lake Street Maintains Buy on Kimball Electronics, Lowers Price Target to $23
Portfolio Pulse from Benzinga Newsdesk
Lake Street analyst Jaeson Schmidt maintains a Buy rating on Kimball Electronics (NASDAQ:KE) but lowers the price target from $25 to $23.
August 15, 2024 | 1:25 pm
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NEUTRAL IMPACT
Lake Street analyst Jaeson Schmidt maintains a Buy rating on Kimball Electronics but lowers the price target from $25 to $23.
The maintained Buy rating suggests continued confidence in the company's performance, but the lowered price target indicates some caution. This mixed signal is likely to result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100