Byrna Technologies shares are trading higher after B. Riley Securities reiterated a Buy rating on the stock and raised its price target from $14 to $17.
Portfolio Pulse from Benzinga Newsdesk
Byrna Technologies' stock price increased following B. Riley Securities' reaffirmation of a Buy rating and an increase in the price target from $14 to $17.
April 08, 2024 | 4:25 pm
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POSITIVE IMPACT
Byrna Technologies' stock is likely to experience a short-term increase in price following the positive analyst rating and raised price target from B. Riley Securities.
Analyst ratings and price target adjustments are significant indicators of a stock's future performance. The upgrade from $14 to $17 by a reputable firm like B. Riley Securities suggests a strong confidence in Byrna Technologies' potential, likely leading to increased investor interest and a rise in stock price in the short term.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100