Northland Capital Markets Initiates Coverage On Bel Fuse with Outperform Rating, Announces Price Target of $83
Portfolio Pulse from Benzinga Newsdesk
Northland Capital Markets analyst Bobby Brooks has initiated coverage on Bel Fuse (NASDAQ:BELFB) with an Outperform rating and set a price target of $83.
January 11, 2024 | 2:37 pm
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
Bel Fuse received an Outperform rating from Northland Capital Markets with a price target of $83, indicating a positive outlook from the analyst.
The initiation of coverage by Northland Capital Markets with an Outperform rating and a high price target suggests a strong positive sentiment towards Bel Fuse's stock. This can often lead to increased investor interest and a potential rise in the stock price in the short term, as the market reacts to the analyst's positive outlook.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100