Stifel Maintains Hold on Avnet, Raises Price Target to $50
Portfolio Pulse from Benzinga Newsdesk
Stifel analyst Matthew Sheerin maintains a 'Hold' rating on Avnet (NASDAQ:AVT) and raises the price target from $45 to $50.
August 17, 2023 | 3:19 pm
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POSITIVE IMPACT
Stifel maintains a 'Hold' rating on Avnet and raises the price target from $45 to $50. This could potentially lead to a positive sentiment among investors.
The raised price target by Stifel indicates a positive outlook for Avnet. This could potentially lead to a positive sentiment among investors, which may drive the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100