Deutsche Bank Maintains Buy on Griffon, Raises Price Target to $82
Portfolio Pulse from Benzinga Newsdesk
Deutsche Bank analyst Joe Ahlersmeyer has reaffirmed a Buy rating on Griffon (NYSE:GFF) and increased the price target from $72 to $82.
January 22, 2024 | 12:14 pm
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POSITIVE IMPACT
Deutsche Bank analyst Joe Ahlersmeyer has maintained a Buy rating on Griffon and raised the price target from $72 to $82, indicating a positive outlook on the stock.
The increase in price target by a reputable analyst like Joe Ahlersmeyer suggests a strong conviction in Griffon's future performance. This endorsement is likely to instill confidence in investors and could lead to a short-term increase in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100