Lake Street Maintains Buy on UFP Techs, Raises Price Target to $344
Portfolio Pulse from Benzinga Newsdesk
Lake Street analyst Jaeson Schmidt maintains a Buy rating on UFP Technologies (NASDAQ:UFPT) and raises the price target from $300 to $344.
July 02, 2024 | 2:12 pm
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POSITIVE IMPACT
Lake Street analyst Jaeson Schmidt maintains a Buy rating on UFP Technologies and raises the price target from $300 to $344.
The raised price target and maintained Buy rating from a reputable analyst are likely to positively impact UFPT's stock price in the short term as it signals strong confidence in the company's future performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100