Needham Maintains Buy on Benchmark Electronics, Raises Price Target to $40
Portfolio Pulse from Benzinga Newsdesk
Needham analyst James Ricchiuti maintains a Buy rating on Benchmark Electronics (NYSE:BHE) and raises the price target from $31 to $40.
May 06, 2024 | 9:28 am
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Needham analyst James Ricchiuti reaffirmed a Buy rating on Benchmark Electronics and increased the price target from $31 to $40.
The increase in price target by a reputable analyst like James Ricchiuti suggests a strong confidence in Benchmark Electronics' future performance. This is likely to be viewed positively by the market, potentially leading to a short-term increase in BHE's stock price.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100