Roth MKM Reiterates Buy on Broadwind, Maintains $6 Price Target
Portfolio Pulse from richadhand@benzinga.com
Roth MKM analyst Justin Clare has reiterated a 'Buy' rating on Broadwind (NASDAQ:BWEN) and maintained a $6 price target.
August 16, 2023 | 2:02 pm
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POSITIVE IMPACT
Broadwind's stock rating has been reiterated as 'Buy' by Roth MKM with a maintained price target of $6.
The reiteration of a 'Buy' rating by a reputable analyst like Justin Clare from Roth MKM is a positive signal for Broadwind. It suggests that the analyst believes the company's stock is undervalued at current prices and has potential for growth. The maintained price target of $6 also indicates that the analyst sees potential upside for the stock. This could lead to increased investor confidence and potentially a short-term increase in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100