JP Morgan Maintains Neutral on ESAB, Raises Price Target to $76
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Tami Zakaria maintains a Neutral rating on ESAB (NYSE:ESAB) and raises the price target from $75 to $76.
November 02, 2023 | 9:05 pm
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POSITIVE IMPACT
JP Morgan maintains a Neutral rating on ESAB and raises the price target from $75 to $76. This could indicate a slight positive sentiment towards the stock.
The raised price target from JP Morgan indicates a slight positive sentiment towards ESAB. However, the Neutral rating suggests that the stock is expected to perform in line with the market or sector in the next 6-12 months, which doesn't necessarily imply a significant upside potential.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100