Needham Reiterates Buy on Adtran Holdings, Maintains $8 Price Target
Portfolio Pulse from Benzinga Newsdesk
Needham analyst Ryan Koontz has reiterated a Buy rating on Adtran Holdings (NASDAQ:ADTN) and maintained a price target of $8.
May 20, 2024 | 10:57 am
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Needham analyst Ryan Koontz has reiterated a Buy rating on Adtran Holdings and maintained a price target of $8.
The reiteration of a Buy rating and the maintenance of a price target by a reputable analyst can positively influence investor sentiment and potentially drive the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100