BTIG Maintains Buy on Pinstripes Holdings, Lowers Price Target to $4
Portfolio Pulse from Benzinga Newsdesk
BTIG analyst Peter Saleh maintains a Buy rating on Pinstripes Holdings (NYSE:PNST) but lowers the price target from $6 to $4.
September 05, 2024 | 5:49 pm
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BTIG analyst Peter Saleh maintains a Buy rating on Pinstripes Holdings but lowers the price target from $6 to $4, indicating a more cautious outlook.
The maintenance of a Buy rating suggests continued confidence in the company's prospects, but the lowered price target indicates a more cautious outlook, likely due to revised expectations or market conditions. This could lead to short-term downward pressure on the stock price.
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IMPORTANCE 80
RELEVANCE 100