Truist Securities Reiterates Buy on Belden, Raises Price Target to $119
Portfolio Pulse from Benzinga Newsdesk
Truist Securities analyst William Stein has reiterated a Buy rating on Belden (NYSE:BDC) and raised the price target from $101 to $119.
June 14, 2024 | 2:22 pm
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Truist Securities has reiterated a Buy rating on Belden and increased the price target from $101 to $119, indicating strong confidence in the company's future performance.
The reiteration of a Buy rating and the increase in the price target from $101 to $119 by Truist Securities suggests strong confidence in Belden's future performance. This is likely to positively impact the stock price in the short term as investors react to the bullish outlook.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100