Barclays Maintains Equal-Weight on Iridium Comms, Raises Price Target to $66
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Mathieu Robilliard maintains an Equal-Weight rating on Iridium Comms (NASDAQ:IRDM) and raises the price target from $45 to $66.
July 21, 2023 | 10:06 am
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Barclays maintains an Equal-Weight rating on Iridium Comms and raises the price target from $45 to $66.
The news is directly related to Iridium Comms as Barclays, a major financial institution, has maintained its Equal-Weight rating on the company and raised its price target. This suggests that Barclays sees potential in the company's stock, which could lead to increased investor interest and potentially a rise in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100