Needham Reiterates Buy on Benchmark Electronics, Maintains $30 Price Target
Portfolio Pulse from richadhand@benzinga.com
Needham analyst James Ricchiuti has reiterated a 'Buy' rating on Benchmark Electronics (NYSE:BHE) and maintained a price target of $30.

August 01, 2023 | 11:11 am
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POSITIVE IMPACT
Benchmark Electronics' stock rating has been reiterated as 'Buy' by Needham analyst James Ricchiuti, with a maintained price target of $30.
The reiteration of a 'Buy' rating by a respected analyst like James Ricchiuti is a positive signal for Benchmark Electronics. The maintained price target of $30 also indicates that the analyst believes the stock has potential for growth. This could lead to increased investor confidence and potentially a short-term increase in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100