Lake Street Maintains Buy on PowerFleet, Raises Price Target to $7
Portfolio Pulse from Benzinga Newsdesk
Lake Street analyst Jaeson Schmidt has maintained a Buy rating on PowerFleet (NASDAQ:PWFL) and increased the price target from $4 to $7.
March 13, 2024 | 3:57 pm
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
Lake Street analyst Jaeson Schmidt reaffirmed a Buy rating on PowerFleet and raised the price target from $4 to $7.
The increase in the price target from $4 to $7 by a reputable analyst suggests a strong bullish outlook on PowerFleet. This endorsement is likely to instill confidence in investors, potentially driving up the stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100