Baird Upgrades BWX Technologies to Outperform, Raises Price Target to $85
Portfolio Pulse from richadhand@benzinga.com
Baird analyst Peter Arment has upgraded BWX Technologies (NYSE:BWXT) from Neutral to Outperform and raised the price target from $61 to $85.
August 04, 2023 | 3:07 pm
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POSITIVE IMPACT
Baird's upgrade of BWX Technologies to Outperform and a raised price target could lead to a positive short-term impact on the company's stock.
Analyst upgrades often lead to increased investor confidence and can result in a short-term increase in the stock price. The raised price target also indicates a higher expected value for the stock, which could attract more investors.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100