Needham Reiterates Buy on Faro Technologies, Maintains $20 Price Target
Portfolio Pulse from Benzinga Newsdesk
Needham analyst James Ricchiuti has reiterated a 'Buy' rating on Faro Technologies (NASDAQ:FARO) and maintained a price target of $20.
August 04, 2023 | 1:42 pm
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Faro Technologies has received a reiterated 'Buy' rating from Needham analyst James Ricchiuti, with a maintained price target of $20.
The reiterated 'Buy' rating and maintained price target by Needham analyst James Ricchiuti indicates a positive outlook for Faro Technologies. This could potentially attract investors, driving the stock price up in the short term.
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IMPORTANCE 80
RELEVANCE 100