DA Davidson Maintains Neutral on Kadant, Raises Price Target to $300
Portfolio Pulse from Benzinga Newsdesk
DA Davidson analyst Kurt Yinger maintains a Neutral rating on Kadant (NYSE:KAI) and raises the price target from $290 to $300.

August 01, 2024 | 12:49 pm
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DA Davidson analyst Kurt Yinger maintains a Neutral rating on Kadant and raises the price target from $290 to $300.
The raised price target from $290 to $300 indicates a positive outlook on Kadant's stock, which could lead to a short-term price increase. However, the Neutral rating suggests that the stock may not outperform the market significantly.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100