Needham Maintains Buy on KVH Industries, Lowers Price Target to $9
Portfolio Pulse from richadhand@benzinga.com
Needham analyst Ryan Koontz maintains a Buy rating on KVH Industries (NASDAQ:KVHI) but lowers the price target from $13 to $9.

August 10, 2023 | 10:58 am
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NEUTRAL IMPACT
Needham analyst maintains a Buy rating on KVH Industries but lowers the price target from $13 to $9.
The news is directly about KVH Industries. While the maintained Buy rating is positive, the lowered price target could have a neutral to slightly negative impact on the stock in the short term as it indicates a lower expected future price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100