Needham Maintains Buy on Agilysys, Raises Price Target to $100
Portfolio Pulse from Benzinga Newsdesk
Needham analyst Mayank Tandon reaffirmed a Buy rating on Agilysys (NASDAQ:AGYS) and increased the price target from $92 to $100, indicating a positive outlook on the company's stock.
January 23, 2024 | 12:06 pm
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POSITIVE IMPACT
Needham's analyst has maintained a Buy rating on Agilysys and raised the price target to $100, suggesting confidence in the company's future performance.
The increase in price target by a reputable analyst typically indicates a strong belief in the company's growth prospects and financial health. This can lead to increased investor confidence and potentially drive the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 100