Jefferies Maintains Buy on Daqo New Energy, Lowers Price Target to $34.05
Portfolio Pulse from Benzinga Newsdesk
Jefferies analyst Johnson Wan maintains a Buy rating on Daqo New Energy but lowers the price target from $38.4 to $34.05.

August 26, 2024 | 8:47 pm
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NEUTRAL IMPACT
Jefferies analyst Johnson Wan maintains a Buy rating on Daqo New Energy but lowers the price target from $38.4 to $34.05.
The Buy rating suggests continued confidence in Daqo New Energy's potential, but the lowered price target indicates a more cautious outlook on its short-term valuation. This mixed signal may result in neutral short-term price movement.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100