Stifel Maintains Hold on Badger Meter, Raises Price Target to $147-Report Released on 28 January 2024
Portfolio Pulse from Benzinga Newsdesk
Stifel analyst Nathan Jones has maintained a Hold rating on Badger Meter (NYSE:BMI) and increased the price target from $142 to $147, as reported on January 28, 2024.
January 29, 2024 | 2:21 pm
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Stifel analyst Nathan Jones maintains a Hold rating on Badger Meter and raises the price target from $142 to $147.
The adjustment in price target by Stifel is a positive signal, suggesting a slight improvement in the company's valuation. However, since the rating remains a Hold, the impact on the stock price may be neutral in the short term as the market has likely already priced in the current performance and outlook of the company.
CONFIDENCE 90
IMPORTANCE 60
RELEVANCE 100