Craig-Hallum Maintains Hold on Shimmick, Lowers Price Target to $3
Portfolio Pulse from Benzinga Newsdesk
Craig-Hallum analyst Aaron Spychalla maintains a Hold rating on Shimmick (NASDAQ:SHIM) and lowers the price target from $4 to $3.
August 19, 2024 | 3:11 pm
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Craig-Hallum's analyst Aaron Spychalla has maintained a Hold rating on Shimmick and reduced the price target from $4 to $3, indicating a less optimistic outlook.
The reduction in price target from $4 to $3 by Craig-Hallum 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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