Canaccord Genuity Maintains Buy on Hammond Power Solns, Raises Price Target to C$69
Portfolio Pulse from richadhand@benzinga.com
Canaccord Genuity analyst Matthew Lee maintains a 'Buy' rating on Hammond Power Solutions (TSX:HPS) and raises the price target from C$53 to C$69.
August 04, 2023 | 1:56 pm
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POSITIVE IMPACT
Canaccord Genuity maintains a 'Buy' rating on Hammond Power Solutions and raises the price target, which could lead to an increase in the stock's price.
The raised price target by Canaccord Genuity indicates a positive outlook for the company. This could lead to increased investor confidence and potentially a rise in the stock's price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100