DA Davidson Maintains Buy Rating for WD-40: Here's What You Need To Know
Portfolio Pulse from Benzinga Insights
DA Davidson has maintained its Buy rating for WD-40 (NASDAQ:WDFC) and increased its price target from $232.00 to $256.00. This new target price represents a 26.22% increase from the current share price. WD-40's shares have risen by 1.15% over the last 24 hours.
September 28, 2023 | 5:00 pm
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DA Davidson's maintained Buy rating and increased price target for WD-40 could potentially boost investor confidence and drive the stock price up in the short term.
Analyst ratings and price targets can significantly influence investor sentiment and stock prices. DA Davidson's decision to maintain a Buy rating and raise the price target for WD-40 suggests a positive outlook for the company, which could potentially attract more investors and drive the stock price up in the short term.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 100