Truist Securities Maintains Buy on Belden, Raises Price Target to $98-Report released on 8th February 2024
Portfolio Pulse from Benzinga Newsdesk
Truist Securities analyst William Stein maintains a Buy rating on Belden (NYSE:BDC) and raises the price target from $89 to $98 as of 8th February 2024.
February 09, 2024 | 9:38 pm
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POSITIVE IMPACT
Truist Securities has maintained a Buy rating on Belden and increased the price target from $89 to $98.
The upgrade in the price target by Truist Securities reflects a positive outlook on Belden's future performance. This endorsement from a reputable analyst is likely to instill confidence in investors, potentially driving up the stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100