Roth MKM Reiterates Buy on Snap-on, Maintains $324 Price Target
Portfolio Pulse from richadhand@benzinga.com
Roth MKM analyst Scott Stember has reiterated a 'Buy' rating on Snap-on (NYSE:SNA) and maintained a price target of $324.
August 14, 2023 | 1:47 pm
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POSITIVE IMPACT
Snap-on's stock rating has been reiterated as 'Buy' by Roth MKM with a maintained price target of $324.
The reiteration of a 'Buy' rating by a reputable analyst like Scott Stember from Roth MKM is a positive signal for investors. It suggests that the analyst believes the stock is undervalued at its current price and has the potential to reach the target price of $324. This could lead to increased investor confidence and potentially a short-term increase in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100