DA Davidson Maintains Buy on Nordson, Lowers Price Target to $295
Portfolio Pulse from Benzinga Newsdesk
DA Davidson analyst Matthew Summerville maintains a Buy rating on Nordson (NASDAQ:NDSN) but lowers the price target from $315 to $295.
May 22, 2024 | 2:57 pm
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DA Davidson analyst Matthew Summerville maintains a Buy rating on Nordson but lowers the price target from $315 to $295.
The Buy rating suggests continued confidence in Nordson's performance, but the lowered price target indicates some caution about its short-term prospects. This mixed signal is likely to result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100