Columbus McKinnon Corporation (NASDAQ:CMCO) stock is trading -46.88 percent below its 52-week high

JP Morgan raised the price target for the Columbus McKinnon Corporation (NASDAQ:CMCO) stock from ‘an Overweight’ to ‘a Neutral’. The rating was released on May 26, 2023, according to finviz. We previously noted in another research note published on May 25, 2023 by Craig Hallum that downgraded the stock from a Buy to a Hold with a price target of $35 for CMCO stock. The research report from JP Morgan has initiated the stock to Overweight, with a price target set at $64. The stock was initiated by Wells Fargo, who disclosed in a research note on May 03, 2021, to Overweight and set the price objective to $70.