Keybanc Maintains Overweight on Materion, Raises Price Target to $157
Portfolio Pulse from Benzinga Newsdesk
Keybanc analyst Philip Gibbs has maintained an Overweight rating on Materion (NYSE:MTRN) and increased the price target from $140 to $157.
February 16, 2024 | 3:47 pm
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Keybanc analyst Philip Gibbs reaffirmed an Overweight rating on Materion and raised the price target to $157 from $140.
The increase in price target by a reputable analyst like Philip Gibbs suggests a positive outlook on Materion's future performance. This endorsement is likely to instill confidence in investors, potentially driving up the stock price in the short term.
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