Jefferies Upgrades Inotiv to Buy, Raises Price Target to $11.5
Portfolio Pulse from Benzinga Newsdesk
Jefferies analyst David Windley upgraded Inotiv (NASDAQ:NOTV) from Hold to Buy and increased the price target from $3 to $11.5, indicating a positive outlook on the company's future performance.
February 09, 2024 | 10:29 am
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POSITIVE IMPACT
Jefferies upgraded Inotiv from Hold to Buy and raised the price target significantly from $3 to $11.5.
The upgrade by Jefferies from Hold to Buy, coupled with a substantial increase in the price target, reflects a strong positive sentiment towards Inotiv's future performance. This is likely to instill confidence in investors and could lead to a short-term increase in NOTV's stock price as the market reacts to the upgraded outlook.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100