Wedbush Maintains Neutral Rating for Diebold Nixdorf: Here's What You Need To Know
Portfolio Pulse from Benzinga Insights
Wedbush has maintained its Neutral rating for Diebold Nixdorf (NYSE:DBD) and raised its price target from $1.00 to $20.00. Shares of Diebold Nixdorf are currently trading up 3.78% at $20.02 per share. A move to $20.00 would account for a 0.1% decline from the current share price.
August 18, 2023 | 5:00 pm
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NEUTRAL IMPACT
Wedbush maintains its Neutral rating for Diebold Nixdorf and raises its price target. This could potentially stabilize the stock's price in the short term.
Wedbush's decision to maintain a Neutral rating indicates that they do not foresee significant changes in Diebold Nixdorf's stock price in the near future. The increase in price target could potentially stabilize the stock's price as it suggests a positive outlook. However, the actual impact will depend on market reaction to this news.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100