Roth MKM Downgrades Vista Outdoor to Neutral, Maintains Price Target to $42
Portfolio Pulse from Benzinga Newsdesk
Roth MKM analyst Matt Koranda has downgraded Vista Outdoor (NYSE:VSTO) from Buy to Neutral, while maintaining the price target at $42.
September 19, 2024 | 11:31 am
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NEGATIVE IMPACT
Roth MKM has downgraded Vista Outdoor from Buy to Neutral, indicating a less optimistic outlook. The price target remains at $42, suggesting no expected change in valuation.
The downgrade from Buy to Neutral by Roth MKM suggests a less favorable view on Vista Outdoor's short-term performance. Maintaining the price target at $42 indicates that the analyst does not expect significant price movement, but the downgrade itself could lead to a negative sentiment among investors.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100