Needham Reiterates Buy on N-able, Maintains $16.5 Price Target
Portfolio Pulse from Benzinga Newsdesk
Needham analyst Mike Cikos has reiterated a Buy rating on N-able (NYSE:NABL) and maintained a price target of $16.5.
February 22, 2024 | 5:05 pm
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Needham analyst Mike Cikos reaffirmed a Buy rating on N-able, with a price target of $16.5, indicating a positive outlook on the stock.
The reiteration of a Buy rating and maintenance of a $16.5 price target by a reputable analyst like Mike Cikos from Needham suggests a strong confidence in N-able's stock performance. This endorsement is likely to positively influence investor sentiment and potentially drive the stock price up in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100