B. Riley Securities Maintains Buy on Matthews International, Raises Price Target to $64
Portfolio Pulse from richadhand@benzinga.com
B. Riley Securities analyst Liam Burke maintains a 'Buy' rating on Matthews International (NASDAQ:MATW) and raises the price target from $50 to $64.
July 31, 2023 | 1:55 pm
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Matthews International's price target has been raised from $50 to $64 by B. Riley Securities, maintaining a 'Buy' rating.
The raised price target indicates the analyst's increased confidence in the company's performance. This could lead to increased investor confidence, potentially driving the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100