Tecnoglass shares are trading lower. Sidoti & Co. downgraded the stock from Buy to Neutral and announced a price target of $78.
Portfolio Pulse from Benzinga Newsdesk
Tecnoglass shares fell after Sidoti & Co. downgraded the stock from Buy to Neutral, setting a price target of $78.
October 22, 2024 | 8:32 pm
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Tecnoglass shares are trading lower following a downgrade by Sidoti & Co. from Buy to Neutral, with a new price target of $78.
The downgrade from Buy to Neutral by Sidoti & Co. is likely to negatively impact Tecnoglass's stock price in the short term. The new price target of $78 suggests a less optimistic outlook, contributing to the share price decline.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100