Stephens & Co. Reinstates Equal-Weight on Cal-Maine Foods, Announces $82 Price Target
Portfolio Pulse from Benzinga Newsdesk
Stephens & Co. analyst Pooran Sharma has reinstated an Equal-Weight rating on Cal-Maine Foods with a price target of $82.
October 03, 2024 | 2:51 pm
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NEUTRAL IMPACT
Stephens & Co. has reinstated an Equal-Weight rating on Cal-Maine Foods with a price target of $82, indicating a neutral stance on the stock's performance.
The reinstatement of an Equal-Weight rating suggests that the analyst views the stock as fairly valued at its current price, with the $82 target indicating no significant upside or downside. This neutral stance is likely to result in minimal short-term price movement.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100