Jefferies Initiates Coverage On TPI Composites with Hold Rating, Announces Price Target of $5
Portfolio Pulse from Benzinga Newsdesk
Jefferies has initiated coverage on TPI Composites with a Hold rating and set a price target of $5.
October 17, 2024 | 1:12 pm
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NEUTRAL IMPACT
Jefferies has initiated coverage on TPI Composites with a Hold rating and a price target of $5, indicating a neutral outlook.
The Hold rating suggests that Jefferies sees limited upside potential for TPI Composites at the current price level. The price target of $5 indicates where Jefferies expects the stock to be valued in the near term. This neutral stance is likely to result in a stable stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100