Citigroup Maintains Buy on Vontier, Raises Price Target to $40
Portfolio Pulse from Benzinga Newsdesk
Citigroup analyst Andrew Kaplowitz has reaffirmed a Buy rating on Vontier (NYSE:VNT) and increased the price target from $37 to $40, indicating a positive outlook on the company's stock.
December 11, 2023 | 5:04 pm
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Citigroup analyst Andrew Kaplowitz maintains a Buy rating on Vontier and raises the price target from $37 to $40, suggesting confidence in the company's future performance.
The increase in price target by a reputable analyst from Citigroup typically signals a bullish outlook on the stock, which can positively influence investor sentiment and potentially lead to a short-term increase in the stock price.
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