Susquehanna Maintains Neutral on Dnow, Raises Price Target to $16
Portfolio Pulse from Benzinga Newsdesk
Susquehanna analyst Charles Minervino maintains a Neutral rating on Dnow (DNOW) and raises the price target from $13 to $16.
April 08, 2024 | 11:50 am
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Susquehanna maintains a Neutral rating on DNOW but raises the price target from $13 to $16.
The increase in price target from $13 to $16 by a reputable analyst firm like Susquehanna suggests a positive outlook on DNOW's stock value in the short term. Although the rating remains Neutral, the raised target indicates an expectation of stock performance improvement, likely leading to positive investor sentiment and potential short-term price increase.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100