DA Davidson Upgrades Diebold Nixdorf to Buy, Raises Price Target to $29
Portfolio Pulse from Benzinga Newsdesk
DA Davidson analyst Matthew Summerville has upgraded Diebold Nixdorf (NYSE:DBD) from Neutral to Buy and increased the price target from $25 to $29. This upgrade reflects a positive outlook on the company's stock.
November 10, 2023 | 3:56 pm
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Diebold Nixdorf's stock has been upgraded by DA Davidson from Neutral to Buy, with a raised price target from $25 to $29, indicating a bullish outlook.
Analyst upgrades typically lead to a positive short-term reaction in the stock market as they suggest improved performance or potential of the company. The increase in price target further strengthens investor confidence in the stock's future performance.
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