Roth MKM Maintains Buy on MGP Ingredients, Lowers Price Target to $88
Portfolio Pulse from Benzinga Newsdesk
Roth MKM analyst Sean McGowan maintains a Buy rating on MGP Ingredients (NASDAQ:MGPI) but lowers the price target from $92 to $88.
October 18, 2024 | 4:15 pm
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NEUTRAL IMPACT
Roth MKM analyst Sean McGowan maintains a Buy rating on MGP Ingredients but lowers the price target from $92 to $88.
The analyst's decision to maintain a Buy rating suggests continued confidence in the stock's potential, but the lowered price target indicates a slightly less optimistic outlook. This mixed signal may result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100