Rosenblatt Reiterates Buy on Rambus, Maintains $85 Price Target
Portfolio Pulse from Benzinga Newsdesk
Rosenblatt analyst Kevin Cassidy has reiterated a Buy rating on Rambus (NASDAQ:RMBS) and maintained an $85 price target.
March 13, 2024 | 5:01 pm
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Rosenblatt maintains a Buy rating and an $85 price target on Rambus.
The reiteration of a Buy rating and maintenance of an $85 price target by a reputable analyst like Kevin Cassidy from Rosenblatt signals a strong vote of confidence in Rambus. This endorsement is likely to positively influence investor sentiment and could lead to a short-term uptick in RMBS's stock price.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100