Baird Maintains Neutral on Construction Partners, Raises Price Target to $92
Portfolio Pulse from Benzinga Newsdesk
Baird analyst Andrew Wittmann maintains a Neutral rating on Construction Partners (NASDAQ:ROAD) but raises the price target from $68 to $92.
October 22, 2024 | 11:22 am
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Baird analyst Andrew Wittmann has maintained a Neutral rating on Construction Partners but increased the price target from $68 to $92, indicating a positive outlook on the stock's potential.
The increase in the price target from $68 to $92 suggests that the analyst sees potential for the stock to appreciate, which is a positive signal for investors. However, the Neutral rating indicates that the analyst does not see a strong buy opportunity, balancing the impact.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100