Baird Maintains Neutral on Astec Industries, Raises Price Target to $50
Portfolio Pulse from Benzinga Newsdesk
Baird analyst Mircea Dobre maintains a Neutral rating on Astec Industries (NASDAQ:ASTE) and raises the price target from $45 to $50.
August 04, 2023 | 12:47 pm
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NEUTRAL IMPACT
Astec Industries' price target has been raised from $45 to $50 by Baird, while maintaining a Neutral rating.
The news is directly about Astec Industries. Baird's decision to maintain a Neutral rating indicates that they do not expect significant price movement in the short term. However, the increase in price target could suggest a positive outlook in the longer term.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100