Craig-Hallum Maintains Buy on Arlo Technologies, Raises Price Target to $17
Portfolio Pulse from Benzinga Newsdesk
Craig-Hallum analyst Anthony Stoss maintains a Buy rating on Arlo Technologies (ARLO) and raises the price target from $14 to $17.
May 10, 2024 | 4:06 pm
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POSITIVE IMPACT
Arlo Technologies' Buy rating is maintained by Craig-Hallum, with an increased price target from $14 to $17, indicating a positive outlook on the stock.
The increase in price target by a reputable analyst like Anthony Stoss suggests a strong confidence in Arlo Technologies' future performance. This endorsement is likely to positively influence investor sentiment and potentially drive the stock price up in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100