Barrington Research Reiterates Outperform on PowerFleet, Maintains $7 Price Target
Portfolio Pulse from richadhand@benzinga.com
Barrington Research analyst Gary Prestopino has reiterated an Outperform rating on PowerFleet (NASDAQ:PWFL) and maintained a $7 price target.
August 08, 2023 | 4:22 pm
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Barrington Research has reiterated an Outperform rating on PowerFleet, maintaining a $7 price target.
The reiteration of an Outperform rating by Barrington Research indicates a positive outlook for PowerFleet. The maintained price target of $7 suggests that the analyst believes the stock is still undervalued, which could lead to upward pressure on the stock price in the short term.
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