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.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100