Roth MKM Reiterates Buy on American Outdoor Brands, Raises Price Target to $11
Portfolio Pulse from Benzinga Newsdesk
Roth MKM analyst Matt Koranda has reiterated a Buy rating on American Outdoor Brands (NASDAQ:AOUT) and increased the price target from $10 to $11.
March 12, 2024 | 3:13 pm
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Roth MKM analyst Matt Koranda reiterates a Buy rating on American Outdoor Brands and raises the price target from $10 to $11.
The reiteration of a Buy rating combined with an increased price target typically signals analyst confidence in the company's future performance, potentially leading to positive investor sentiment and a short-term increase in stock price.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100