Lake Street Maintains Buy on Bioceres Crop Solutions, Lowers Price Target to $13
Portfolio Pulse from Benzinga Newsdesk
Lake Street analyst Ben Klieve maintains a Buy rating on Bioceres Crop Solutions (NASDAQ:BIOX) but lowers the price target from $25 to $13.
September 11, 2024 | 12:27 pm
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Lake Street analyst Ben Klieve maintains a Buy rating on Bioceres Crop Solutions but significantly lowers the price target from $25 to $13, indicating a more cautious outlook.
The Buy rating suggests confidence in the company's long-term prospects, but the drastic reduction in the price target from $25 to $13 indicates concerns about short-term performance or market conditions. This mixed signal could lead to short-term price volatility or a decline.
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