Truist Securities Maintains Buy on Moog, Raises Price Target to $162
Portfolio Pulse from Benzinga Newsdesk
Truist Securities analyst Michael Ciarmoli has reaffirmed a Buy rating on Moog Inc. (NYSE:MOG) and increased the price target from $155 to $162.
January 10, 2024 | 2:20 pm
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Truist Securities analyst Michael Ciarmoli has maintained a Buy rating on Moog Inc. and raised the price target from $155 to $162, indicating a positive outlook on the stock.
The increase in price target by Truist Securities suggests a strong confidence in Moog's future performance, which is likely to be viewed positively by investors. This could lead to a short-term increase in the stock price as the market reacts to the analyst's upgraded outlook.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 100