B. Riley Securities Maintains Buy on Universal Technical, Raises Price Target to $14
Portfolio Pulse from Benzinga Newsdesk
B. Riley Securities analyst Raj Sharma has reaffirmed a Buy rating on Universal Technical Institute (NYSE:UTI) and increased the price target from $10 to $14.
November 16, 2023 | 3:14 pm
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POSITIVE IMPACT
B. Riley Securities analyst Raj Sharma has maintained a Buy rating on Universal Technical Institute and raised the price target from $10 to $14, indicating a positive outlook on the stock.
The increase in price target by a reputable analyst typically signals a strong conviction in the company's future performance and can lead to increased investor confidence, potentially driving the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 100