Needham Reiterates Buy on Adtran, Maintains $15 Price Target
Portfolio Pulse from richadhand@benzinga.com
Needham analyst Ryan Koontz reiterates a Buy rating on Adtran (NASDAQ:ADTN) and maintains a $15 price target.
May 19, 2023 | 10:10 am
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Needham analyst Ryan Koontz reiterates a Buy rating on Adtran and maintains a $15 price target.
The Buy rating and maintained price target by Needham analyst Ryan Koontz indicate a positive outlook for Adtran's stock. This reaffirmation of the Buy rating is likely to have a positive impact on the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100