Truist Securities Maintains Buy on Cimpress, Lowers Price Target to $110
Portfolio Pulse from Benzinga Newsdesk
Truist Securities has maintained a Buy rating on Cimpress (NASDAQ:CMPR) but lowered the price target from $120 to $110.
November 01, 2024 | 2:29 pm
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NEUTRAL IMPACT
Truist Securities has maintained a Buy rating on Cimpress but lowered the price target from $120 to $110, indicating a positive outlook with some caution.
The maintenance of a Buy rating suggests continued confidence in Cimpress's performance, but the lowered price target indicates some caution about future growth or market conditions. This mixed signal may result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100