Rosenblatt Reiterates Buy on Rambus, Maintains $85 Price Target
Portfolio Pulse from Benzinga Newsdesk
Rosenblatt analyst Kevin Cassidy has reiterated a Buy rating on Rambus (NASDAQ:RMBS) and maintained an $85 price target on the stock.
February 06, 2024 | 5:58 pm
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POSITIVE IMPACT
Rosenblatt maintains a Buy rating and an $85 price target on Rambus.
The reiteration of a Buy rating and maintenance of an $85 price target by a reputable analyst like Kevin Cassidy from Rosenblatt is likely to instill confidence among investors and could lead to a positive short term impact on Rambus's stock price. Analyst ratings, especially from well-regarded firms, can significantly influence investor sentiment and stock prices.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100