JP Morgan Maintains Neutral on World Kinect, Raises Price Target to $32
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst John Royall maintains a Neutral rating on World Kinect (NYSE:WKC) but raises the price target from $29 to $32.
September 19, 2024 | 3:18 pm
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JP Morgan has maintained a Neutral rating on World Kinect but increased the price target from $29 to $32, indicating a positive outlook.
The increase in price target from $29 to $32 by JP Morgan suggests a positive outlook for World Kinect, which could lead to a short-term price increase. However, the Neutral rating indicates that the stock may not outperform the market significantly.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100