B. Riley Securities Maintains Buy on XPEL, Raises Price Target to $97
Portfolio Pulse from jenniferd'souza@benzinga.com
B. Riley Securities analyst Jeff Van Sinderen has maintained a 'Buy' rating on XPEL and raised the price target from $95 to $97.
August 10, 2023 | 12:49 pm
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POSITIVE IMPACT
The 'Buy' rating maintained by B. Riley Securities and the increase in price target could potentially boost investor confidence in XPEL.
Analyst ratings and price targets can significantly influence investor sentiment. In this case, the 'Buy' rating maintained by B. Riley Securities and the increase in price target from $95 to $97 indicates a positive outlook for XPEL. This could potentially lead to an increase in demand for XPEL's stock, thereby driving up its price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100