Barclays Maintains Overweight on Bandwidth, Raises Price Target to $28
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Ryan Macwilliams maintains an Overweight rating on Bandwidth (NASDAQ:BAND) and raises the price target from $22 to $28.
May 08, 2024 | 6:02 pm
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POSITIVE IMPACT
Barclays maintains an Overweight rating on Bandwidth and increases the price target from $22 to $28.
The upgrade in price target by Barclays, a major financial institution, suggests a strong confidence in Bandwidth'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