Needham Reiterates Buy on Faro Technologies, Maintains $27 Price Target
Portfolio Pulse from Benzinga Newsdesk
Needham analyst James Ricchiuti reiterated a Buy rating on Faro Technologies (NASDAQ:FARO) and maintained a $27 price target.
May 03, 2024 | 11:46 am
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Needham analyst James Ricchiuti reiterated a Buy rating on Faro Technologies and maintained a $27 price target.
The reiteration of a Buy rating and maintenance of a $27 price target by a reputable analyst like James Ricchiuti could instill confidence among investors and potentially drive Faro Technologies' stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100