RBC Capital Maintains Outperform on Spectrum Brands Holdings, Raises Price Target to $114
Portfolio Pulse from Benzinga Newsdesk
RBC Capital analyst Nik Modi maintains an Outperform rating on Spectrum Brands Holdings (NYSE:SPB) and raises the price target from $100 to $114.
May 10, 2024 | 3:18 pm
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POSITIVE IMPACT
RBC Capital has maintained its Outperform rating on Spectrum Brands Holdings and increased the price target from $100 to $114, indicating a positive outlook on the stock.
The upgrade in the price target by a reputable analyst like Nik Modi from RBC Capital suggests a strong confidence in the future performance of Spectrum Brands Holdings. This is likely to be viewed positively by the market, potentially leading to an increase in the stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100