Baird Reiterates Outperform on ESAB, Maintains $70 Price Target
Portfolio Pulse from richadhand@benzinga.com
Baird analyst Mircea Dobre has reiterated an Outperform rating on ESAB (NYSE:ESAB) and maintained a $70 price target.
June 30, 2023 | 1:46 pm
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Baird analyst Mircea Dobre has reiterated an Outperform rating on ESAB and maintained a $70 price target.
The reiteration of an Outperform rating by Baird analyst Mircea Dobre indicates a positive outlook for ESAB. The maintained price target of $70 suggests that the analyst believes the stock is still undervalued, which could lead to upward pressure on the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100