Craig-Hallum Upgrades Faro Technologies to Buy, Announces $26 Price Target
Portfolio Pulse from richadhand@benzinga.com
Craig-Hallum analyst Greg Palm has upgraded Faro Technologies (NASDAQ:FARO) from Hold to Buy and set a price target of $26.
August 04, 2023 | 1:15 pm
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
Faro Technologies has been upgraded from Hold to Buy by Craig-Hallum, with a new price target of $26.
The upgrade from Hold to Buy by a reputable analyst indicates a positive outlook for Faro Technologies. The new price target of $26 also suggests potential upside, which could attract investors and drive the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100