Craig-Hallum Maintains Buy on Blue Bird, Raises Price Target to $38
Portfolio Pulse from Benzinga Newsdesk
Craig-Hallum analyst Eric Stine has reaffirmed a Buy rating on Blue Bird (NASDAQ:BLBD) and increased the price target from $34 to $38, indicating a positive outlook on the company's stock.
December 12, 2023 | 3:45 pm
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Craig-Hallum analyst Eric Stine maintains a Buy rating on Blue Bird and raises the price target from $34 to $38, suggesting a bullish stance on the stock's future performance.
The increase in price target by a reputable analyst typically signals a strong conviction in the company's future growth and financial performance. This can often lead to increased investor confidence and a potential short-term rise in the stock price.
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IMPORTANCE 85
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