Needham Maintains Buy on nLight, Raises Price Target to $16
Portfolio Pulse from Benzinga Newsdesk
Needham analyst James Ricchiuti has reaffirmed a Buy rating on nLight (NASDAQ:LASR) and increased the price target from $15 to $16.
November 28, 2023 | 11:31 am
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POSITIVE IMPACT
Needham analyst James Ricchiuti maintains a Buy rating on nLight and raises the price target from $15 to $16.
The increase in price target by Needham suggests a positive outlook on nLight's performance, which could lead to increased investor confidence and a potential rise in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100