Lake Street Maintains Buy on LiqTech Intl, Lowers Price Target to $6
Portfolio Pulse from Benzinga Newsdesk
Lake Street analyst Robert Brown maintains a Buy rating on LiqTech Intl (NASDAQ:LIQT) but lowers the price target from $9 to $6.
October 10, 2024 | 4:26 pm
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Lake Street analyst Robert Brown continues to recommend buying LiqTech Intl but has reduced the price target from $9 to $6, indicating a more cautious outlook.
The maintained Buy rating suggests confidence in the company's prospects, but the lowered price target reflects a more cautious stance, possibly due to market conditions or company performance. This mixed signal may lead to neutral short-term price movement.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100