B of A Securities Upgrades Vontier to Buy, Announces $40 Price Target
Portfolio Pulse from Benzinga Newsdesk
B of A Securities analyst Andrew Obin has upgraded Vontier (NYSE:VNT) from Neutral to Buy and set a price target of $40.
January 11, 2024 | 11:58 am
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POSITIVE IMPACT
Vontier has been upgraded by B of A Securities from Neutral to Buy with a price target of $40, indicating a positive outlook on the stock.
Upgrades by analysts, especially from neutral to buy, can lead to increased investor confidence and a potential rise in stock price. The announcement of a $40 price target suggests a positive future performance expectation for Vontier, which may influence short-term stock movement positively.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100