Stifel Maintains Buy on ESAB, Lowers Price Target to $120
Portfolio Pulse from Benzinga Newsdesk
Stifel analyst Nathan Jones maintains a Buy rating on ESAB (NYSE:ESAB) but lowers the price target from $130 to $120.
July 18, 2024 | 3:24 pm
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NEUTRAL IMPACT
Stifel analyst Nathan Jones maintains a Buy rating on ESAB but lowers the price target from $130 to $120.
The Buy rating suggests continued confidence in ESAB's performance, but the lowered price target indicates some caution about its short-term potential. This mixed signal is likely to result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100