Stephens & Co. Reiterates Overweight on Cadre Hldgs, Maintains $29 Price Target
Portfolio Pulse from richadhand@benzinga.com
Stephens & Co. analyst Daniel Imbro has reiterated an Overweight rating on Cadre Hldgs (NYSE:CDRE) and maintained a $29 price target.
August 09, 2023 | 1:37 pm
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POSITIVE IMPACT
Cadre Hldgs has been reiterated as Overweight by Stephens & Co. with a maintained price target of $29.
The reiteration of an Overweight rating by a reputable analyst firm like Stephens & Co. is a positive signal for Cadre Hldgs. The maintained price target of $29 also indicates the firm's confidence in the company's potential. This could lead to increased investor confidence and potentially a short-term increase in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100