Keybanc Maintains Overweight on Bandwidth, Raises Price Target to $32
Portfolio Pulse from Benzinga Newsdesk
Keybanc analyst Thomas Blakey has maintained an Overweight rating on Bandwidth (NASDAQ:BAND) and increased the price target from $21 to $32.
May 08, 2024 | 6:22 pm
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Keybanc analyst Thomas Blakey reaffirmed an Overweight rating on Bandwidth and raised the price target from $21 to $32.
The increase in price target by a reputable analyst like Thomas Blakey suggests a strong confidence in Bandwidth's future performance. This positive analyst coverage is likely to influence investor sentiment positively in the short term, potentially leading to an increase in stock price.
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