Needham Maintains Buy on Bel Fuse, Raises Price Target to $70
Portfolio Pulse from Benzinga Newsdesk
Needham analyst James Ricchiuti maintains a Buy rating on Bel Fuse (NASDAQ:BELFB) and raises the price target from $66 to $70.
October 27, 2023 | 8:07 am
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POSITIVE IMPACT
Needham analyst maintains a Buy rating on Bel Fuse and raises the price target from $66 to $70.
The news is directly about Bel Fuse and is likely to have a positive impact on the stock in the short term. The raised price target indicates the analyst's increased confidence in the company's performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100