Benchmark Maintains Buy on Nova, Lowers Price Target to $125
Portfolio Pulse from Benzinga Newsdesk
Benchmark analyst Mark Miller has maintained a Buy rating on Nova (NASDAQ:NVMI) but has reduced the price target from $135 to $125.
November 10, 2023 | 2:19 pm
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Benchmark analyst Mark Miller maintains a Buy rating on Nova but lowers the price target from $135 to $125.
While the Buy rating indicates continued confidence in the company's prospects, the reduction in the price target may suggest a tempered outlook on the stock's growth potential or market conditions. This could lead to a neutral short-term impact as the positive sentiment from the Buy rating could be offset by the lowered price target.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100