Stifel Maintains Buy on DMC Glb, Lowers Price Target to $17
Portfolio Pulse from Benzinga Newsdesk
Stifel analyst Stephen Gengaro maintains a Buy rating on DMC Global (NASDAQ:BOOM) but lowers the price target from $19 to $17.
September 17, 2024 | 9:06 pm
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Stifel analyst Stephen Gengaro maintains a Buy rating on DMC Global but lowers the price target from $19 to $17, indicating a slightly less optimistic outlook.
The maintenance of a Buy rating suggests continued confidence in DMC Global's prospects, but the lowered price target indicates a tempered outlook. This mixed signal may result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100