TD Cowen Maintains Buy on Deluxe, Raises Price Target to $35
Portfolio Pulse from Benzinga Newsdesk
TD Cowen analyst Lance Vitanza maintains a Buy rating on Deluxe (NYSE:DLX) and raises the price target from $33 to $35.
May 14, 2024 | 5:05 pm
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POSITIVE IMPACT
TD Cowen's updated Buy rating and increased price target from $33 to $35 for Deluxe suggests a positive outlook on the company's future performance.
Analyst ratings and price target adjustments are significant indicators for investors, often leading to short-term price movements. The increase in Deluxe's price target by TD Cowen reflects a positive assessment of the company's potential, likely encouraging investor confidence and potentially leading to a rise in the stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100