Cantor Fitzgerald Maintains Overweight on VinFast Auto, Raises Price Target to $9
Portfolio Pulse from Benzinga Newsdesk
Cantor Fitzgerald analyst Andres Sheppard has maintained an Overweight rating on VinFast Auto (NASDAQ:VFS) and increased the price target from $7 to $9.
January 24, 2024 | 4:40 pm
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Cantor Fitzgerald analyst Andres Sheppard reaffirmed an Overweight rating on VinFast Auto and raised the price target to $9, indicating a positive outlook on the stock.
The increase in price target by a reputable analyst typically signals a strong conviction in the company's future performance and can lead to increased investor confidence and a potential rise in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 100