Roth MKM Maintains Buy on LeddarTech Holdings, Lowers Price Target to $1
Portfolio Pulse from Benzinga Newsdesk
Roth MKM analyst Suji Desilva maintains a Buy rating on LeddarTech Holdings (NASDAQ:LDTC) but lowers the price target from $5 to $1.
August 16, 2024 | 2:08 pm
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Roth MKM analyst Suji Desilva maintains a Buy rating on LeddarTech Holdings (NASDAQ:LDTC) but significantly lowers the price target from $5 to $1.
The significant reduction in the price target from $5 to $1 suggests a negative outlook on the stock's short-term performance despite the maintained Buy rating. This could lead to a decline in investor confidence and a potential drop in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100