WestPark Capital Maintains Buy on Data I/O, Lowers Price Target to $4
Portfolio Pulse from Benzinga Newsdesk
WestPark Capital analyst Kevin Garrigan maintains a Buy rating on Data I/O (NASDAQ:DAIO) but lowers the price target from $5 to $4.
July 29, 2024 | 10:08 am
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WestPark Capital analyst Kevin Garrigan maintains a Buy rating on Data I/O (NASDAQ:DAIO) but lowers the price target from $5 to $4.
The Buy rating suggests continued confidence in the stock, but the lowered price target indicates a more cautious outlook on its short-term performance. This mixed signal is likely to result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100