JP Morgan Maintains Neutral on ESAB, Raises Price Target to $75
Portfolio Pulse from richadhand@benzinga.com
JP Morgan analyst Tami Zakaria maintains a Neutral rating on ESAB (NYSE:ESAB) and raises the price target from $74 to $75.
August 04, 2023 | 11:49 am
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POSITIVE IMPACT
JP Morgan maintains a Neutral rating on ESAB and raises the price target from $74 to $75. This could indicate a slight positive sentiment towards the stock.
The raised price target from JP Morgan indicates a slight positive sentiment towards ESAB. However, the Neutral rating suggests that the analyst does not see significant upside or downside from the current price level. This could lead to a slight increase in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100