RBC Capital Reiterates Outperform on Ducommun, Maintains $60 Price Target
Portfolio Pulse from Benzinga Newsdesk
RBC Capital analyst Ken Herbert has reiterated an Outperform rating on Ducommun (NYSE:DCO) and maintained a $60 price target on the stock.
February 16, 2024 | 5:01 pm
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POSITIVE IMPACT
RBC Capital maintains an Outperform rating and a $60 price target on Ducommun, indicating a positive outlook on the stock.
The reiteration of an Outperform rating and maintenance of a $60 price target by a reputable analyst like Ken Herbert from RBC Capital suggests a strong confidence in Ducommun's future performance. This endorsement is likely to instill investor confidence, potentially driving up the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100