Rosenblatt Maintains Neutral on Sinclair, Raises Price Target to $16.5
Portfolio Pulse from Benzinga Newsdesk
Rosenblatt analyst Barton Crockett maintains a Neutral rating on Sinclair Broadcast Group (NASDAQ: SBGI) and slightly raises the price target from $16.4 to $16.5.
September 20, 2024 | 4:55 pm
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NEUTRAL IMPACT
Rosenblatt analyst Barton Crockett maintains a Neutral rating on Sinclair Broadcast Group and slightly raises the price target from $16.4 to $16.5.
The analyst's decision to maintain a Neutral rating suggests no strong positive or negative sentiment towards Sinclair's stock. The slight increase in the price target from $16.4 to $16.5 indicates a marginally improved outlook, but not enough to change the overall rating. This suggests a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 60
RELEVANCE 100