Northland Capital Markets Initiates Coverage On Richardson Electronics with Outperform Rating, Announces Price Target of $13
Portfolio Pulse from Benzinga Newsdesk
Northland Capital Markets has initiated coverage on Richardson Electronics (NASDAQ:RELL) with an Outperform rating and set a price target of $13.
April 29, 2024 | 1:41 pm
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Northland Capital Markets initiated coverage on Richardson Electronics with an Outperform rating and a price target of $13.
The initiation of coverage by Northland Capital Markets with an Outperform rating and a price target of $13 suggests a positive outlook for Richardson Electronics. This could lead to increased investor interest and potentially drive the stock price up in the short term, as market participants often react positively to favorable analyst coverage.
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