Roth MKM Maintains Neutral on Daqo New Energy, Lowers Price Target to $15
Portfolio Pulse from Benzinga Newsdesk
Roth MKM analyst Philip Shen maintains a Neutral rating on Daqo New Energy (NYSE:DQ) and lowers the price target from $23 to $15.
August 28, 2024 | 1:16 pm
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NEGATIVE IMPACT
Roth MKM analyst Philip Shen has maintained a Neutral rating on Daqo New Energy but has lowered the price target from $23 to $15, indicating a less optimistic outlook.
The lowering of the price target from $23 to $15 by Roth MKM suggests a less favorable view on Daqo New Energy's future performance, which could lead to a negative short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100