Seaport Global Upgrades Minerals Technologies to Buy, Announces $90 Price Target
Portfolio Pulse from Benzinga Newsdesk
Seaport Global analyst Michael Harrison upgraded Minerals Technologies (NYSE:MTX) from Neutral to Buy and set a price target of $90.
February 05, 2024 | 11:48 am
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Minerals Technologies was upgraded from Neutral to Buy by Seaport Global analyst Michael Harrison, with a new price target of $90.
Upgrades by analysts, especially from Neutral to Buy, typically signal a positive outlook on the stock, suggesting potential upside. The setting of a high price target ($90) further indicates a strong conviction in the stock's future performance. This can lead to increased investor interest and potentially drive the stock price up in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100