Northcoast Research Upgrades ScanSource to Buy
Portfolio Pulse from richadhand@benzinga.com
Northcoast Research analyst Keith Housum has upgraded ScanSource (NASDAQ:SCSC) from Neutral to Buy.

August 23, 2023 | 10:58 am
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POSITIVE IMPACT
ScanSource has been upgraded from Neutral to Buy by Northcoast Research, which could positively impact its stock price.
Analyst upgrades typically have a positive impact on a company's stock price as they indicate increased confidence in the company's performance. In this case, Northcoast Research's upgrade of ScanSource from Neutral to Buy suggests they believe the company's stock is likely to outperform the market, which could lead to increased demand for the stock and a rise in its price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100