Evercore ISI Group Maintains In-Line on Gates Industrial Corp, Raises Price Target to $16
Portfolio Pulse from Benzinga Newsdesk
Evercore ISI Group has maintained an 'In-Line' rating on Gates Industrial Corp (NYSE:GTES) while raising the price target from $15 to $16.
August 19, 2024 | 2:05 pm
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Evercore ISI Group has maintained an 'In-Line' rating on Gates Industrial Corp and increased the price target from $15 to $16, indicating a positive outlook.
The increase in the price target from $15 to $16 by Evercore ISI Group suggests a positive outlook for Gates Industrial Corp, which could lead to a short-term increase in stock price. The 'In-Line' rating indicates that the stock is expected to perform in line with the market.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100