Canaccord Downgrades Helen of Troy Stock Target While Advocating for Buy Strategy
Wednesday, 10 July 2024, 08:41
Canaccord Downgrades Helen of Troy Stock Target
Canaccord has recently revised its target for Helen of Troy's stock, indicating a shift in their expectations.
Maintains Buy Recommendation
The firm, however, maintains its buy recommendation, showing continued confidence in the company's future performance.
This move suggests a mixed outlook on the company's performance, prompting investors to evaluate the potential risks and rewards of holding its stock.
- Canaccord has lowered Helen of Troy's stock target price
- The buy recommendation alongside the target cut indicates confidence in the company's long-term prospects
- Investors should carefully consider the implications of this adjustment
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