Needham Reiterates Buy on Luna Innovations, Maintains $8 Price Target
Portfolio Pulse from Benzinga Newsdesk
Needham analyst Alex Henderson reiterates a Buy rating on Luna Innovations (NASDAQ:LUNA) and maintains an $8 price target.

May 06, 2024 | 11:11 am
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Needham analyst Alex Henderson reiterates a Buy rating on Luna Innovations and maintains an $8 price target.
The reiteration of a Buy rating and maintenance of an $8 price target by a reputable analyst like Alex Henderson from Needham is likely to instill confidence among investors and could positively influence Luna Innovations' stock price in the short term. Analyst ratings, especially from well-regarded financial institutions, can significantly impact investor sentiment and stock prices.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100