HC Wainwright & Co. Maintains Buy on CECO Environmental, Raises Price Target to $30
Portfolio Pulse from Benzinga Newsdesk
HC Wainwright & Co. analyst Amit Dayal maintains a Buy rating on CECO Environmental (NASDAQ:CECO) and raises the price target from $22 to $30.
March 06, 2024 | 11:35 am
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POSITIVE IMPACT
CECO Environmental's Buy rating is maintained by HC Wainwright & Co., with the price target increased from $22 to $30.
The increase in the price target from $22 to $30 by a reputable analyst suggests a strong confidence in CECO Environmental's future performance. This positive analyst action is likely to instill investor confidence, potentially driving the stock price up in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100