Baird Maintains Neutral on Novanta, Raises Price Target to $175
Portfolio Pulse from Benzinga Newsdesk
Baird analyst Robert Mason maintains a Neutral rating on Novanta (NASDAQ:NOVT) and raises the price target from $170 to $175.
August 07, 2024 | 3:55 pm
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Baird analyst Robert Mason maintains a Neutral rating on Novanta and raises the price target from $170 to $175.
The raised price target from $170 to $175 indicates a positive outlook, which could lead to a short-term increase in stock price. However, the Neutral rating suggests limited upside potential.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100