Keybanc Maintains Overweight Rating for Upbound Group: Here's What You Need To Know
Portfolio Pulse from Benzinga Insights
Keybanc has maintained its Overweight rating for Upbound Group (NASDAQ:UPBD) and increased its price target from $36.00 to $39.00. Upbound Group's shares are currently trading up 2.93% at $33.33 per share. A move to $39.00 would represent a 17.01% increase from the current share price.
August 04, 2023 | 5:00 pm
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POSITIVE IMPACT
Keybanc's maintained Overweight rating and increased price target for Upbound Group could potentially drive the stock price up in the short term.
Analyst ratings and price targets can significantly influence investor sentiment and trading behavior. In this case, Keybanc's decision to maintain an Overweight rating and raise the price target for Upbound Group indicates a positive outlook for the company, which could potentially drive the stock price up in the short term.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 100