DA Davidson Maintains Buy on Citi Trends, Lowers Price Target to $20
Portfolio Pulse from Benzinga Newsdesk
DA Davidson analyst Michael Baker maintains a Buy rating on Citi Trends (NASDAQ:CTRN) but lowers the price target from $33 to $20.
August 28, 2024 | 3:12 pm
News sentiment analysis
Sort by:
Ascending
NEUTRAL IMPACT
DA Davidson's analyst Michael Baker continues to recommend buying Citi Trends stock but has reduced the price target from $33 to $20, indicating a more cautious outlook.
The Buy rating suggests confidence in the stock's potential, but the lowered price target reflects a more conservative view on its short-term performance. This mixed signal may lead to neutral short-term price movement.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100