Craig-Hallum Maintains Buy on Faro Technologies, Lowers Price Target to $25
Portfolio Pulse from Benzinga Newsdesk
Craig-Hallum maintains a Buy rating on Faro Technologies (NASDAQ:FARO) but lowers the price target from $29 to $25.
August 09, 2024 | 4:16 pm
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NEUTRAL IMPACT
Craig-Hallum maintains a Buy rating on Faro Technologies but lowers the price target from $29 to $25.
The maintained Buy rating suggests continued confidence in Faro Technologies' long-term prospects. However, the lowered price target indicates some concerns about short-term performance or market conditions.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100