B of A Securities Maintains Buy on Greif, Lowers Price Target to $73
Portfolio Pulse from Benzinga Newsdesk
B of A Securities has maintained a Buy rating on Greif (NYSE:GEF) but lowered the price target from $77 to $73.
August 30, 2024 | 5:13 pm
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NEUTRAL IMPACT
B of A Securities has maintained a Buy rating on Greif but lowered the price target from $77 to $73, indicating a slightly less optimistic outlook.
The maintenance of a Buy rating suggests continued confidence in Greif's performance, but the lowered price target indicates a slightly reduced expectation for future gains. This mixed signal may result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100