Baird Maintains Neutral on Franklin Electric, Lowers Price Target to $105
Portfolio Pulse from Benzinga Newsdesk
Baird analyst Michael Halloran maintains a Neutral rating on Franklin Electric (NASDAQ:FELE) and lowers the price target from $107 to $105.
October 30, 2024 | 11:38 am
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Baird analyst Michael Halloran has maintained a Neutral rating on Franklin Electric and slightly lowered the price target from $107 to $105, indicating a cautious outlook.
The analyst's decision to maintain a Neutral rating suggests no strong positive or negative sentiment, while the slight reduction in the price target indicates a minor adjustment in expectations. This suggests a stable outlook with no significant short-term impact expected on the stock price.
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