High materiality7/10
Lake Street cuts GlassHouse price target to $7 from $17
Why it may matterVerify against the original reporting
Bearish analyst revision, tempered by the fact that the new target remains well above the posted price.
Public signal · 1-minute delayed
Signal brief
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AI summary
What happened, with direct paths to the underlying reporting
Lake Street reduced its GLAS target by about 59%. The posted price is $2.34, well below both the old and new targets; the large target reduction is a negative analyst revision, though it does not imply downside to the new target.
- Target cut from $17 to $7, about 59%.
- Posted price: $2.34.
Key facts
- 01
Target: $7
- 02
Posted price: $2.34
- 03
Analyst firm: Lake Street
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