Lake Street Maintains Buy on Smith & Wesson Brands, Raises Price Target to $16
Portfolio Pulse from Benzinga Newsdesk
Lake Street analyst Mark Smith maintains a Buy rating on Smith & Wesson Brands (NASDAQ:SWBI) and raises the price target from $14.5 to $16.
March 08, 2024 | 4:25 pm
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Lake Street analyst Mark Smith maintains a Buy rating on Smith & Wesson Brands and raises the price target from $14.5 to $16.
The upgrade in the price target by a reputable analyst suggests a positive outlook on the company's future performance. This typically leads to increased investor confidence and can drive the stock price up in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100