RBC Capital Maintains Outperform on Spectrum Brands Holdings, Raises Price Target to $100
Portfolio Pulse from Benzinga Newsdesk
RBC Capital analyst Nik Modi has maintained an Outperform rating on Spectrum Brands Holdings (NYSE:SPB) and increased the price target from $89 to $100.
February 09, 2024 | 4:42 pm
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POSITIVE IMPACT
RBC Capital has maintained an Outperform rating on Spectrum Brands Holdings and raised the price target from $89 to $100.
The upgrade in the price target by a reputable analyst like Nik Modi from RBC Capital is a strong positive signal for Spectrum Brands Holdings. It suggests confidence in the company's future performance and growth prospects, likely leading to increased investor interest and potentially a rise in the stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100