Piper Sandler Maintains Overweight on BGC Group, Raises Price Target to $8.5
Portfolio Pulse from Benzinga Newsdesk
Piper Sandler analyst Patrick Moley maintains an Overweight rating on BGC Group (NASDAQ:BGC) and raises the price target from $8 to $8.5.
February 15, 2024 | 4:57 pm
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POSITIVE IMPACT
Piper Sandler maintains an Overweight rating on BGC Group and raises the price target from $8 to $8.5.
The upgrade in price target by a reputable analyst like Patrick Moley suggests a positive outlook on BGC Group's stock. This is likely to instill confidence among investors, potentially driving the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 100