DA Davidson Upgrades Barnes Gr to Buy, Raises Price Target to $45
Portfolio Pulse from Benzinga Newsdesk
DA Davidson analyst Matt Summerville upgrades Barnes Gr (NYSE:B) from Neutral to Buy and raises the price target from $35 to $45.
April 18, 2024 | 11:53 am
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POSITIVE IMPACT
Barnes Gr was upgraded by DA Davidson from Neutral to Buy, with a price target increase from $35 to $45.
The upgrade from Neutral to Buy by a reputable analyst, along with a significant increase in the price target, suggests a strong bullish outlook for Barnes Gr. This is likely to positively influence investor sentiment and potentially drive the stock price up in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100