Concrete Pumping shares are trading lower after Baird lowered its price target on the stock from $7.5 to $6.5.
Portfolio Pulse from Benzinga Newsdesk
Concrete Pumping shares declined after Baird reduced its price target from $7.5 to $6.5.
September 05, 2024 | 1:46 pm
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Concrete Pumping Holdings (BBCP) shares are trading lower following Baird's decision to lower its price target from $7.5 to $6.5.
The reduction in the price target by Baird suggests a less optimistic outlook for Concrete Pumping Holdings, which likely led to the decline in share price. Investors may perceive this as a signal to reassess their positions.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100