TD Cowen Maintains Hold on Nelnet, Raises Price Target to $96
Portfolio Pulse from Benzinga Newsdesk
TD Cowen analyst Moshe Orenbuch maintains a Hold rating on Nelnet (NYSE:NNI) and raises the price target from $90 to $96.
May 14, 2024 | 5:03 pm
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POSITIVE IMPACT
TD Cowen's updated Hold rating and increased price target from $90 to $96 for Nelnet suggests a positive outlook on the company's performance, potentially leading to increased investor confidence.
The raise in price target by a reputable analyst like Moshe Orenbuch indicates a positive reassessment of Nelnet's value, likely based on its financial health or market position. This can lead to increased investor confidence and potentially drive the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100