Raymond James Maintains Outperform on RadNet, Raises Price Target to $60
Portfolio Pulse from Benzinga Newsdesk
Raymond James analyst John Ransom has maintained an Outperform rating on RadNet (NASDAQ:RDNT) and increased the price target from $50 to $60.
May 10, 2024 | 5:06 pm
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Raymond James has reaffirmed its Outperform rating on RadNet and raised the price target from $50 to $60, indicating a positive outlook on the stock.
The increase in price target by a reputable analyst firm like Raymond James typically signals a strong bullish sentiment on the stock, suggesting that the firm believes the stock has a higher potential upside than previously estimated. This can often lead to increased investor confidence and potentially a rise in stock price in the short term.
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