Keybanc Maintains Overweight on Universal Stainless, Raises Price Target to $21
Portfolio Pulse from Benzinga Newsdesk
Keybanc analyst Philip Gibbs has maintained an Overweight rating on Universal Stainless (NASDAQ:USAP) and increased the price target from $19 to $21. This suggests a positive outlook on the company's stock performance.
January 23, 2024 | 12:16 pm
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Keybanc analyst Philip Gibbs has reaffirmed an Overweight rating on Universal Stainless and raised the price target to $21, indicating a positive sentiment towards the company's stock.
The increase in price target by a Keybanc analyst typically reflects a positive assessment of the company's future performance and can lead to increased investor confidence. As a result, the stock price may experience upward pressure in the short term.
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