Citigroup Maintains Buy on Loar Holdings, Raises Price Target to $88
Portfolio Pulse from Benzinga Newsdesk
Citigroup analyst Jason Gursky has maintained a Buy rating on Loar Holdings and raised the price target from $64 to $88.
August 20, 2024 | 4:14 pm
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Citigroup has reaffirmed its Buy rating on Loar Holdings and increased the price target to $88, indicating a positive outlook.
The reaffirmation of a Buy rating and a significant increase in the price target from $64 to $88 by Citigroup suggests strong confidence in Loar Holdings' future performance. This is likely to positively influence investor sentiment and drive the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100