Barrington Research Maintains Outperform on PowerFleet, Raises Price Target to $10
Portfolio Pulse from Benzinga Newsdesk
Barrington Research analyst Gary Prestopino maintains an Outperform rating on PowerFleet (NASDAQ:PWFL) and raises the price target from $7 to $10.
April 30, 2024 | 6:36 pm
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Barrington Research maintains an Outperform rating on PowerFleet and raises the price target from $7 to $10.
The upgrade in price target by a reputable analyst firm like Barrington Research typically signals a strong bullish outlook on the stock, suggesting an expectation of higher future performance. This can lead to increased investor confidence and potential short-term price appreciation.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100