Stifel analyst Nathan Jones lowered the firm’s price target on Helios Technologies (HLIO) to $35 from $58 and keeps a Buy rating on the shares. The firm is assuming U.S. trade policy leads to a modest industrial recession in the second half of this year through the first half of 2026 and assumes uncertainty leads to lower customer capital and operating expenditures, which cause Helios and/or its customers to slow production.
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