Stephens & Co. Maintains Overweight on Cadre Hldgs, Raises Price Target to $40
Portfolio Pulse from Benzinga Newsdesk
Stephens & Co. analyst Daniel Imbro maintains an Overweight rating on Cadre Holdings (CDRE) and raises the price target from $36 to $40.
February 16, 2024 | 7:09 pm
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POSITIVE IMPACT
Stephens & Co. analyst Daniel Imbro maintains an Overweight rating on Cadre Holdings and raises the price target from $36 to $40.
The maintenance of an Overweight rating combined with an increase in the price target from $36 to $40 by a reputable analyst suggests a positive outlook on Cadre Holdings' stock. This could lead to increased investor confidence and potentially drive the stock price up in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100