Roth MKM Maintains Neutral on Shimmick, Lowers Price Target to $3
Portfolio Pulse from Benzinga Newsdesk
Roth MKM analyst Gerry Sweeney maintains a Neutral rating on Shimmick (NASDAQ:SHIM) and lowers the price target from $3.5 to $3.
August 19, 2024 | 2:53 pm
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Roth MKM has maintained a Neutral rating on Shimmick and reduced the price target from $3.5 to $3, indicating a less optimistic outlook.
The lowering of the price target from $3.5 to $3 by Roth MKM suggests a less favorable view on Shimmick's future performance, which could lead to a negative short-term impact on the stock price.
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IMPORTANCE 80
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