Stifel Maintains Buy on Proficient Auto Logistics, Lowers Price Target to $21
Portfolio Pulse from Benzinga Newsdesk
Stifel analyst J. Bruce Chan maintains a Buy rating on Proficient Auto Logistics (NASDAQ:PAL) but lowers the price target from $22 to $21.

September 27, 2024 | 1:00 pm
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Stifel analyst J. Bruce Chan maintains a Buy rating on Proficient Auto Logistics but lowers the price target from $22 to $21, indicating a slight adjustment in expected valuation.
The Buy rating suggests continued confidence in the company's performance, but the lowered price target indicates a slight reduction in expected valuation. This could lead to a neutral short-term impact as the overall sentiment remains positive but with tempered expectations.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100