Lake Street Reiterates Buy on PowerFleet, Maintains $4 Price Target
Portfolio Pulse from Benzinga Newsdesk
Lake Street analyst Jaeson Schmidt has reiterated a Buy rating on PowerFleet (NASDAQ:PWFL) and maintained a $4 price target for the company's stock.
December 28, 2023 | 1:49 pm
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Lake Street analyst Jaeson Schmidt reaffirmed a Buy rating on PowerFleet and kept the price target at $4, indicating a positive outlook for the stock.
The reiteration of a Buy rating and maintenance of a $4 price target by a reputable analyst could lead to increased investor confidence and a potential short-term uplift in PWFL's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100