Raymond James Maintains Outperform on MiX Telematics, Raises Price Target to $12
Portfolio Pulse from Benzinga Newsdesk
Raymond James analyst Brian Peterson has maintained an Outperform rating on MiX Telematics (NYSE:MIXT) and increased the price target from $8 to $12.
March 13, 2024 | 4:24 pm
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Raymond James has maintained an Outperform rating on MiX Telematics and raised the price target from $8 to $12.
The increase in price target by a reputable analyst firm like Raymond James typically signals a strong bullish sentiment on the stock, suggesting a positive outlook on the company's future performance. This can lead to increased investor confidence and potentially drive the stock price up in the short term.
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