B. Riley Securities Downgrades CoreCard to Neutral, Lowers Price Target to $15
Portfolio Pulse from Benzinga Newsdesk
B. Riley Securities has downgraded CoreCard (NYSE:CCRD) from Buy to Neutral and reduced its price target from $19 to $15.
October 03, 2024 | 12:10 pm
News sentiment analysis
Sort by:
Descending
NEGATIVE IMPACT
B. Riley Securities downgraded CoreCard from Buy to Neutral and lowered the price target from $19 to $15, indicating a less optimistic outlook.
The downgrade from Buy to Neutral and the reduction in price target suggest a less favorable view of CoreCard's future performance, likely leading to a negative short-term impact on its stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100