Cantor Fitzgerald Reiterates Overweight on Kimball Electronics, Maintains $36 Price Target
Portfolio Pulse from Benzinga Newsdesk
Cantor Fitzgerald analyst Derek Soderberg has reiterated an Overweight rating on Kimball Electronics (NASDAQ:KE) and maintained a $36 price target.
October 04, 2023 | 1:57 pm
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Kimball Electronics' stock rating has been reiterated as Overweight by Cantor Fitzgerald, with a maintained price target of $36.
The reiteration of an Overweight rating by a reputable analyst like Derek Soderberg from Cantor Fitzgerald is a positive signal for Kimball Electronics. It suggests that the analyst believes the company's stock will outperform its industry peers in the near future. The maintained price target of $36 also indicates the analyst's confidence in the company's potential for growth.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100