Stifel Maintains Buy on Proficient Auto Logistics, Lowers Price Target to $18
Portfolio Pulse from Benzinga Newsdesk
Stifel analyst J. Bruce Chan maintains a Buy rating on Proficient Auto Logistics (NASDAQ:PAL) but lowers the price target from $21 to $18.
October 17, 2024 | 2:48 pm
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NEUTRAL IMPACT
Stifel analyst J. Bruce Chan maintains a Buy rating on Proficient Auto Logistics but lowers the price target from $21 to $18, indicating a positive outlook with some caution.
The Buy rating suggests confidence in the company's performance, but the lowered price target indicates some caution about future growth or market conditions. This mixed signal may result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100