Roth MKM Maintains Buy on GigaCloud Tech, Raises Price Target to $16
Portfolio Pulse from richadhand@benzinga.com
Roth MKM analyst Matt Koranda maintains a 'Buy' rating on GigaCloud Tech (NASDAQ:GCT) and raises the price target from $13 to $16.

August 16, 2023 | 1:59 pm
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POSITIVE IMPACT
Roth MKM analyst maintains a 'Buy' rating on GigaCloud Tech and raises the price target from $13 to $16.
The news of Roth MKM maintaining a 'Buy' rating and raising the price target for GigaCloud Tech is directly related to the company and is likely to have a positive impact on its stock price in the short term. Investors may see this as a sign of confidence in the company's future performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100