Roth MKM Reiterates Buy on Hyster-Yale Materials, Raises Price Target to $87
Portfolio Pulse from Benzinga Newsdesk
Roth MKM analyst Chip Moore has reiterated a Buy rating on Hyster-Yale Materials (NYSE:HY) and increased the price target from $85 to $87.
May 09, 2024 | 1:32 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Roth MKM analyst Chip Moore reiterated a Buy rating on Hyster-Yale Materials and raised the price target from $85 to $87.
The reiteration of a Buy rating combined with an increased price target typically signals a positive outlook on the stock from the analyst's perspective. This can lead to increased investor confidence and potentially drive the stock price up in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100