Mizuho Maintains Buy on Cabot, Raises Price Target to $109
Portfolio Pulse from Benzinga Newsdesk
Mizuho analyst John Roberts maintains a Buy rating on Cabot (NYSE:CBT) and raises the price target from $104 to $109.
May 07, 2024 | 11:03 am
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Mizuho analyst John Roberts reaffirms a Buy rating on Cabot and increases the price target to $109.
The upgrade in price target by a reputable analyst like John Roberts suggests a positive outlook on Cabot's stock, likely due to anticipated strong performance or favorable market conditions. This can lead to increased investor confidence and potentially drive the stock price up in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100