Keybanc Maintains Overweight on Gates Industrial Corp, Raises Price Target to $21
Portfolio Pulse from Benzinga Newsdesk
Keybanc analyst Jeffrey Hammond has maintained an Overweight rating on Gates Industrial Corp (GTES) and increased the price target from $18 to $21.
March 12, 2024 | 11:29 am
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Keybanc analyst Jeffrey Hammond maintains an Overweight rating on Gates Industrial Corp and raises the price target from $18 to $21.
The increase in price target by a reputable analyst suggests a positive outlook on the company's future performance, likely leading to a short-term increase in stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100