Loop Capital Maintains Hold on ESAB, Raises Price Target to $73
Portfolio Pulse from Benzinga Newsdesk
Loop Capital analyst Chris Dankert maintains a 'Hold' rating on ESAB (NYSE:ESAB) and raises the price target from $70 to $73.
August 04, 2023 | 12:04 pm
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Loop Capital analyst maintains a 'Hold' rating on ESAB and raises the price target from $70 to $73.
The news is directly about ESAB and is likely to influence investor sentiment. The raised price target indicates a positive outlook, but the 'Hold' rating suggests that the stock is fairly valued at the moment, which might not trigger a significant price movement in the short term.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100