Roth MKM Maintains Neutral on AMMO, Lowers Price Target to $1.5
Portfolio Pulse from Benzinga Newsdesk
Roth MKM analyst Matt Koranda maintains a Neutral rating on AMMO (NASDAQ:POWW) and lowers the price target from $1.6 to $1.5.
September 27, 2024 | 4:08 pm
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Roth MKM analyst Matt Koranda has maintained a Neutral rating on AMMO (NASDAQ:POWW) while lowering the price target from $1.6 to $1.5, indicating a slightly bearish outlook.
The lowering of the price target from $1.6 to $1.5 by Roth MKM suggests a slightly negative outlook on AMMO's stock performance. The Neutral rating indicates no strong buy or sell recommendation, but the reduced price target could lead to a short-term negative impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100