Needham Maintains Buy on CECO Environmental, Raises Price Target to $23
Portfolio Pulse from Benzinga Newsdesk
Needham analyst James Ricchiuti maintains a Buy rating on CECO Environmental (NASDAQ:CECO) and raises the price target from $22 to $23.
March 06, 2024 | 12:32 pm
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Needham analyst James Ricchiuti reaffirmed a Buy rating on CECO Environmental and increased the price target from $22 to $23.
The upgrade in the price target by a reputable analyst like James Ricchiuti signals a positive outlook on CECO Environmental's stock. Such endorsements often lead to increased investor confidence and can drive the stock price up in the short term.
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