Baird Maintains Outperform on ESAB, Raises Price Target to $95
Portfolio Pulse from Benzinga Newsdesk
Baird analyst Mircea Dobre has maintained an Outperform rating on ESAB Corporation and increased the price target from $83 to $95.
December 06, 2023 | 4:08 pm
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Baird analyst Mircea Dobre reaffirmed an Outperform rating on ESAB and raised the price target to $95, indicating a positive outlook on the stock.
The increase in price target by Baird suggests a strong confidence in ESAB's performance and potential for stock price appreciation. This positive analyst action can often lead to a short-term increase in stock price as it may influence investor sentiment and expectations.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 100