TD Cowen Maintains Hold on Inseego, Raises Price Target to $12
Portfolio Pulse from Benzinga Newsdesk
TD Cowen analyst Lance Vitanza maintains a Hold rating on Inseego (NASDAQ:INSG) and raises the price target from $3.5 to $12.
May 20, 2024 | 2:11 pm
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POSITIVE IMPACT
TD Cowen analyst Lance Vitanza maintains a Hold rating on Inseego and significantly raises the price target from $3.5 to $12.
The significant increase in the price target from $3.5 to $12 suggests a positive outlook for Inseego's future performance, which is likely to boost investor confidence and potentially drive the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100