B. Riley Securities Reiterates Buy on H&E Equipment Servs, Lowers Price Target to $60
Portfolio Pulse from Benzinga Newsdesk
B. Riley Securities has reiterated its Buy rating on H&E Equipment Services (NASDAQ:HEES) but has lowered the price target from $62 to $60.
October 30, 2024 | 4:52 pm
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NEUTRAL IMPACT
B. Riley Securities maintains a Buy rating on H&E Equipment Services but reduces the price target from $62 to $60, indicating a slightly less optimistic outlook.
The reiteration of a Buy rating suggests continued confidence in HEES's performance, but the lowered price target indicates a slightly tempered outlook. This mixed signal may result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100