Sidoti & Co. Upgrades PAR Technology to Buy, Announces $61 Price Target
Portfolio Pulse from Benzinga Newsdesk
Sidoti & Co. analyst Ishfaque Faruk upgrades PAR Technology (NYSE:PAR) from Neutral to Buy and sets a $61 price target.

March 12, 2024 | 2:16 pm
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POSITIVE IMPACT
PAR Technology upgraded to Buy from Neutral by Sidoti & Co. with a new price target of $61.
Upgrades by analysts, especially with a significant price target increase, typically lead to positive short-term price movements as they reflect a positive change in the company's outlook. The upgrade from Neutral to Buy suggests a strong confidence in the company's future performance, potentially leading to increased investor interest and stock price appreciation.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100