Cantor Fitzgerald Maintains Overweight on Kimball Electronics, Lowers Price Target to $22
Portfolio Pulse from Benzinga Newsdesk
Cantor Fitzgerald analyst Derek Soderberg maintains an Overweight rating on Kimball Electronics (NASDAQ:KE) but lowers the price target from $28 to $22.
August 16, 2024 | 12:53 pm
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Cantor Fitzgerald maintains an Overweight rating on Kimball Electronics but lowers the price target from $28 to $22.
The lowered price target from $28 to $22 suggests a less optimistic outlook on the stock's short-term performance, which could lead to a negative impact on the stock price despite the maintained Overweight rating.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100