Lake Street Upgrades NN to Buy, Raises Price Target to $4
Portfolio Pulse from richadhand@benzinga.com
Lake Street analyst Robert Brown has upgraded NN (NASDAQ:NNBR) from Hold to Buy and raised the price target from $2 to $4.
August 07, 2023 | 1:14 pm
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NN (NASDAQ:NNBR) has been upgraded from Hold to Buy by Lake Street analyst Robert Brown, with a price target increase from $2 to $4.
The upgrade from Hold to Buy indicates a positive outlook for NN. The doubling of the price target from $2 to $4 suggests that the analyst sees significant upside potential for the stock. This could lead to increased investor interest and a potential rise in the stock's price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100