Needham Reiterates Buy on Alphatec Holdings, Maintains $19 Price Target
Portfolio Pulse from Benzinga Newsdesk
Needham analyst David Saxon reiterated a Buy rating on Alphatec Holdings (NASDAQ:ATEC) and maintained a $19 price target. This reaffirms Needham's positive outlook on ATEC's stock.
February 28, 2024 | 11:12 am
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Needham analyst David Saxon reaffirmed a Buy rating on Alphatec Holdings with a $19 price target, indicating a positive outlook on the stock.
The reiteration of a Buy rating and maintenance of a $19 price target by a reputable analyst like David Saxon from Needham suggests a strong vote of confidence in Alphatec Holdings' future performance. This kind of positive analyst coverage typically leads to increased investor interest and can have a bullish effect on the stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100