Rosenblatt Reiterates Buy on Sonos, Maintains $24 Price Target
Portfolio Pulse from Benzinga Newsdesk
Rosenblatt analyst Steve Frankel reiterated a Buy rating on Sonos (NASDAQ:SONO) and maintained a $24 price target, indicating a positive outlook on the company's stock.
March 12, 2024 | 11:56 am
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Rosenblatt analyst Steve Frankel reiterated a Buy rating on Sonos and maintained a $24 price target, suggesting a bullish outlook.
The reiteration of a Buy rating and maintenance of a $24 price target by a Rosenblatt analyst indicates a strong confidence in Sonos's future performance. This positive analyst outlook can lead to increased investor confidence and potentially drive the stock price up in the short term.
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