Needham Reiterates Buy on PAR Technology, Raises Price Target to $53
Portfolio Pulse from Benzinga Newsdesk
Needham analyst Mayank Tandon has reiterated a Buy rating on PAR Technology (NYSE:PAR) and increased the price target from $47 to $53.
February 27, 2024 | 7:43 pm
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Needham analyst Mayank Tandon reaffirmed a Buy rating on PAR Technology and raised the price target from $47 to $53.
The reiteration of a Buy rating combined with an increased price target typically signals analyst confidence in the company's future performance. This can positively influence investor sentiment and potentially lead to a short-term increase in the stock price.
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