Oppenheimer Maintains Outperform on EnerSys, Raises Price Target to $116
Portfolio Pulse from Benzinga Newsdesk
Oppenheimer analyst Noah Kaye has maintained an Outperform rating on EnerSys (NYSE:ENS) and increased the price target from $110 to $116, indicating a positive outlook on the company's stock.
December 20, 2023 | 12:22 pm
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Oppenheimer analyst Noah Kaye reaffirmed an Outperform rating on EnerSys and raised the price target to $116, suggesting confidence in the company's future performance.
The increase in price target by a reputable analyst typically signals a bullish outlook on the stock, which can lead to increased investor confidence and a potential rise in the stock price in the short term.
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