Benchmark Maintains Buy on Quanex Building Prods, Raises Price Target to $35
Portfolio Pulse from Benzinga Newsdesk
Benchmark analyst Reuben Garner has reaffirmed a Buy rating on Quanex Building Products (NYSE:NX) and increased the price target from $33 to $35.
December 19, 2023 | 3:04 pm
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Quanex Building Products' stock rating has been maintained as Buy by Benchmark analyst Reuben Garner, with an increased price target from $33 to $35.
The reaffirmation of a Buy rating coupled with an increased price target typically signals analyst confidence in the company's future performance and may lead to positive investor sentiment in the short term, potentially driving the stock price up.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 100