Oppenheimer Maintains Outperform on Ingevity, Raises Price Target to $58
Portfolio Pulse from Benzinga Newsdesk
Oppenheimer analyst Ian Zaffino maintains an Outperform rating on Ingevity (NGVT) and raises the price target from $50 to $58.
May 02, 2024 | 12:51 pm
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POSITIVE IMPACT
Oppenheimer maintains an Outperform rating on Ingevity and raises the price target from $50 to $58.
The upgrade in price target by a reputable analyst like Ian Zaffino suggests a strong confidence in Ingevity's future performance. This is likely to positively influence investor sentiment and potentially increase the stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100