JP Morgan Maintains Neutral on Central Garden & Pet, Lowers Price Target to $32
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Andrea Faria Teixeira maintains a Neutral rating on Central Garden & Pet (NASDAQ:CENTA) and lowers the price target from $34 to $32.
October 11, 2024 | 1:58 pm
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JP Morgan has maintained its Neutral rating on Central Garden & Pet but has lowered the price target from $34 to $32, indicating a slightly less optimistic outlook.
The lowering of the price target by JP Morgan suggests a less optimistic view on Central Garden & Pet's future performance, which could lead to a short-term negative impact on the stock price. The Neutral rating indicates no strong buy or sell recommendation, but the reduced price target may influence investor sentiment negatively.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100