Evercore ISI Group Upgrades Mesa Laboratories: Here's What You Need To Know
Portfolio Pulse from Benzinga Insights
Evercore ISI Group has upgraded Mesa Laboratories (NASDAQ:MLAB) from an unspecified rating to Outperform, raising the price target from $100.00 to $125.00. This represents a potential increase of 28.56% from the current share price of $97.23. Mesa Laboratories operates in life sciences tools and critical quality control products across four divisions. Analyst ratings are provided by financial analysts and are used by investors to help guide stock decisions.
January 04, 2024 | 5:00 pm
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Evercore ISI Group upgraded Mesa Laboratories to Outperform and increased the price target from $100.00 to $125.00, indicating a potential 28.56% rise from the current price.
Upgrades by reputable analysts like Evercore ISI Group typically lead to positive short-term price movement as they suggest improved future performance and investor confidence. The significant raise in the price target further supports a bullish outlook for MLAB.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 100