Mizuho Maintains Buy on Nomad Foods, Raises Price Target to $28
Portfolio Pulse from Benzinga Newsdesk
Mizuho analyst John Baumgartner maintains a Buy rating on Nomad Foods (NYSE:NOMD) and raises the price target from $26 to $28.
May 10, 2024 | 12:04 pm
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Mizuho analyst John Baumgartner has reaffirmed a Buy rating on Nomad Foods and increased the price target from $26 to $28, indicating a positive outlook on the stock.
The increase in price target by a reputable analyst like John Baumgartner suggests a strong confidence in Nomad Foods' future performance. Such endorsements typically lead to positive short-term price movements as they reflect an expectation of growth or improved performance.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100