This Boise Cascade Analyst Begins Coverage On A Bullish Note; Here Are Top Initiations For Friday
Portfolio Pulse from Avi Kapoor
Goldman Sachs and Loop Capital have initiated coverage on Penguin Solutions, Inc. and Boise Cascade Company, respectively, with Buy ratings. Penguin Solutions has a price target of $21, while Boise Cascade has a target of $155.

November 01, 2024 | 3:49 pm
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POSITIVE IMPACT
Loop Capital initiated coverage on Boise Cascade with a Buy rating and a price target of $155, suggesting potential upside from the current price of $133.03.
The initiation of coverage by Loop Capital with a Buy rating and a price target above the current price indicates a likely positive short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 90
POSITIVE IMPACT
Goldman Sachs initiated coverage on Penguin Solutions with a Buy rating and a price target of $21, indicating potential upside from the current price of $15.05.
The initiation of coverage by a major firm like Goldman Sachs with a Buy rating and a price target significantly above the current price suggests a positive short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 90