DA Davidson Maintains Buy on Columbus McKinnon, Raises Price Target to $50
Portfolio Pulse from Benzinga Newsdesk
DA Davidson analyst Matt Summerville maintains a Buy rating on Columbus McKinnon (NASDAQ:CMCO) and raises the price target from $48 to $50.
February 05, 2024 | 4:35 pm
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POSITIVE IMPACT
DA Davidson analyst Matt Summerville maintains a Buy rating on Columbus McKinnon and raises the price target from $48 to $50.
The increase in the price target by DA Davidson reflects a positive outlook on Columbus McKinnon's future performance. This endorsement from a reputable analyst could lead to increased investor confidence and potentially drive the stock price up in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100