Needham Reiterates Buy on Gilat Satellite Networks, Maintains $8.5 Price Target
Portfolio Pulse from Benzinga Newsdesk
Needham analyst Ryan Koontz has reiterated a Buy rating on Gilat Satellite Networks (NASDAQ:GILT) and maintained a price target of $8.5.
August 08, 2024 | 10:05 am
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Needham analyst Ryan Koontz has reiterated a Buy rating on Gilat Satellite Networks and maintained a price target of $8.5.
The reiteration of a Buy rating and the maintenance of a price target by a reputable analyst can positively influence investor sentiment and potentially drive the stock price up in the short term.
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