UBS Initiates Coverage On Vontier with Buy Rating, Announces Price Target of $38
Portfolio Pulse from Benzinga Newsdesk
UBS analyst Robert Jamieson has initiated coverage on Vontier (NYSE:VNT) with a Buy rating and a price target of $38.
September 27, 2023 | 10:16 am
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UBS has initiated coverage on Vontier with a Buy rating and a price target of $38, which could positively impact the stock's performance.
The initiation of coverage by a major financial institution like UBS typically draws attention to the stock. The Buy rating indicates that UBS believes the stock will outperform the market, which could lead to increased investor interest and potentially a rise in the stock price. The price target of $38 also suggests that UBS sees significant upside potential for the stock.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100