Needham Reiterates Buy on Gilat Satellite Networks, Maintains $8.5 Price Target
Portfolio Pulse from richadhand@benzinga.com
Needham analyst Ryan Koontz has reiterated a 'Buy' rating on Gilat Satellite Networks (NASDAQ:GILT) and maintained a price target of $8.5.
August 10, 2023 | 8:39 am
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Needham analyst Ryan Koontz has reiterated a 'Buy' rating on Gilat Satellite Networks and maintained a price target of $8.5, which could positively impact the stock's performance.
Analyst ratings and price targets can significantly influence investor sentiment and stock performance. The reiteration of a 'Buy' rating and maintenance of a price target by a reputable analyst like Ryan Koontz from Needham could boost investor confidence in GILT, potentially driving its stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100