Oppenheimer Initiates Coverage On CION Invt with Perform Rating, Announces Price Target of $13
Portfolio Pulse from Benzinga Newsdesk
Oppenheimer has initiated coverage on CION Investment Corporation (NYSE:CION) with a Perform rating and set a price target of $13.
October 08, 2024 | 11:31 am
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NEUTRAL IMPACT
Oppenheimer has initiated coverage on CION Investment Corporation with a Perform rating and a price target of $13, indicating a neutral outlook.
The Perform rating suggests a neutral stance, indicating that the stock is expected to perform in line with the market. The price target of $13 provides a specific valuation expectation, which is crucial for investors. The impact is neutral as there is no strong buy or sell recommendation.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100