Benchmark Maintains Buy on RCM Technologies, Raises Price Target to $33
Portfolio Pulse from Benzinga Newsdesk
Benchmark analyst Bill Sutherland has maintained a Buy rating on RCM Technologies (NASDAQ:RCMT) and increased the price target from $28 to $33.
November 13, 2023 | 2:22 pm
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POSITIVE IMPACT
Benchmark analyst Bill Sutherland reaffirmed a Buy rating on RCM Technologies and raised the price target to $33, indicating a positive outlook on the stock.
The increase in price target by Benchmark suggests a strong conviction in the future performance of RCM Technologies. This is likely to be viewed positively by investors and could lead to a short-term increase in the stock price as market sentiment is influenced by analyst ratings and price targets.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 100