Truist Securities Maintains Hold on Avnet, Raises Price Target to $52
Portfolio Pulse from Benzinga Newsdesk
Truist Securities analyst William Stein maintains a Hold rating on Avnet (NASDAQ:AVT) and raises the price target from $48 to $52.
August 09, 2024 | 1:07 pm
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Truist Securities analyst William Stein maintains a Hold rating on Avnet and raises the price target from $48 to $52.
The raised price target from $48 to $52 suggests a positive outlook on Avnet's stock, which could lead to a short-term price increase. However, the Hold rating indicates that the analyst does not see a strong buy opportunity at the moment.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100