Rosenblatt Reiterates Buy on Adtran, Maintains $12 Price Target
Portfolio Pulse from richadhand@benzinga.com
Rosenblatt analyst Mike Genovese has reiterated a Buy rating on Adtran (NASDAQ:ADTN) and maintained a $12 price target.
June 09, 2023 | 1:35 pm
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Rosenblatt analyst Mike Genovese reiterates a Buy rating on Adtran (NASDAQ:ADTN) and maintains a $12 price target.
The Rosenblatt analyst's reiteration of a Buy rating and maintaining a $12 price target on Adtran indicates a positive outlook for the stock. This news is likely to have a positive impact on the stock price in the short term as it shows confidence in the company's performance and potential growth.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100