Craig-Hallum Upgrades Smith & Wesson Brands to Buy, Raises Price Target to $18
Portfolio Pulse from Benzinga Newsdesk
Craig-Hallum analyst Steve Dyer upgrades Smith & Wesson Brands (SWBI) from Hold to Buy and increases the price target from $14 to $18.
March 08, 2024 | 6:52 pm
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Smith & Wesson Brands upgraded by Craig-Hallum from Hold to Buy, with a price target increase from $14 to $18.
The upgrade from Hold to Buy by a reputable analyst, along with a significant increase in the price target, suggests a strong bullish outlook for Smith & Wesson Brands. This is likely to instill confidence in investors, potentially driving up the stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100