Roth MKM Maintains Buy on GigaCloud Tech, Raises Price Target to $35
Portfolio Pulse from Benzinga Newsdesk
Roth MKM analyst Matt Koranda has maintained a Buy rating on GigaCloud Tech (NASDAQ:GCT) and increased the price target from $28 to $35.
April 02, 2024 | 3:54 pm
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Roth MKM has reaffirmed its Buy rating on GigaCloud Tech and raised the price target from $28 to $35.
The upgrade in the price target by a reputable analyst like Matt Koranda from Roth MKM is a strong positive signal for GigaCloud Tech. It suggests confidence in the company's future performance and growth potential, likely leading to increased investor interest and potentially a rise in stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100