B. Riley Securities Maintains Buy on Iteris, Raises Price Target to $6
Portfolio Pulse from jenniferd'souza@benzinga.com
B. Riley Securities analyst Jeff Van Sinderen has maintained a 'Buy' rating on Iteris (NASDAQ:ITI) and raised the price target from $5 to $6.
August 10, 2023 | 1:05 pm
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POSITIVE IMPACT
Iteris' price target has been raised from $5 to $6 by B. Riley Securities, which maintains a 'Buy' rating on the stock.
The raised price target indicates the analyst's increased confidence in the company's performance. This could lead to increased investor confidence, potentially driving the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100