Oppenheimer Maintains Outperform on Pinstripes Holdings, Lowers Price Target to $5
Portfolio Pulse from Benzinga Newsdesk
Oppenheimer analyst Brian Bittner maintains an Outperform rating on Pinstripes Holdings (NYSE:PNST) but lowers the price target from $6 to $5.
September 05, 2024 | 3:14 pm
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NEUTRAL IMPACT
Oppenheimer's analyst maintains an Outperform rating on Pinstripes Holdings but reduces the price target from $6 to $5, indicating a slightly less optimistic outlook.
The Outperform rating suggests continued confidence in Pinstripes Holdings' performance, but the lowered price target indicates a tempered expectation of growth. This mixed signal may result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100