Canaccord Genuity Maintains Hold on Spectrum Brands Holdings, Raises Price Target to $92
Portfolio Pulse from Benzinga Newsdesk
Canaccord Genuity analyst Brian McNamara has maintained a Hold rating on Spectrum Brands Holdings (NYSE:SPB) and raised the price target from $86 to $92.
May 10, 2024 | 6:50 pm
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Canaccord Genuity maintains a Hold rating on Spectrum Brands Holdings but raises the price target from $86 to $92, indicating a positive outlook on the stock's value.
The increase in the price target by Canaccord Genuity suggests an improved outlook on Spectrum Brands Holdings' valuation, potentially leading to increased investor interest and a positive short-term impact on the stock price.
CONFIDENCE 85
IMPORTANCE 70
RELEVANCE 90