Lake Street Maintains Hold on Evolv Technologies, Lowers Price Target to $2.75
Portfolio Pulse from Benzinga Newsdesk
Lake Street analyst Eric Martinuzzi maintains a Hold rating on Evolv Technologies (NASDAQ:EVLV) and lowers the price target from $3.5 to $2.75.
October 28, 2024 | 2:33 pm
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Lake Street analyst Eric Martinuzzi has maintained a Hold rating on Evolv Technologies and reduced the price target from $3.5 to $2.75, indicating a less optimistic outlook.
The reduction in price target from $3.5 to $2.75 by Lake Street suggests a less favorable view on Evolv Technologies' future performance, which could lead to a negative short-term impact on the stock price.
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IMPORTANCE 80
RELEVANCE 100