Needham Reiterates Buy on Gilat Satellite Networks, Maintains $8.5 Price Target
Portfolio Pulse from Benzinga Newsdesk
Needham analyst Ryan Koontz has reiterated a Buy rating on Gilat Satellite Networks (NASDAQ:GILT) and maintained the price target of $8.5.
November 17, 2023 | 8:57 am
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
Needham analyst Ryan Koontz reiterates a Buy rating on Gilat Satellite Networks with a maintained price target of $8.5.
The reiteration of a Buy rating by a respected analyst typically signals continued confidence in the company's prospects, which can positively influence investor sentiment and potentially drive the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100