JP Morgan Maintains Overweight on ESAB, Lowers Price Target to $120
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Tami Zakaria maintains an Overweight rating on ESAB (NYSE:ESAB) but lowers the price target from $125 to $120.
August 05, 2024 | 3:02 pm
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NEUTRAL IMPACT
JP Morgan analyst Tami Zakaria maintains an Overweight rating on ESAB but lowers the price target from $125 to $120.
The Overweight rating suggests a positive outlook, but the lowered price target indicates some caution. This mixed signal is likely to result in a neutral short-term impact on ESAB's stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100