Ubiquiti shares are trading higher after BWS Financial maintained a Buy rating on the stock and raised its price target from $160 to $240.
Portfolio Pulse from Benzinga Newsdesk
Ubiquiti's stock price is rising following BWS Financial's decision to maintain a Buy rating and increase the price target from $160 to $240.
August 26, 2024 | 5:22 pm
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BWS Financial has maintained a Buy rating on Ubiquiti and raised its price target from $160 to $240, leading to a rise in the stock price.
The increase in price target from $160 to $240 by BWS Financial, along with the maintained Buy rating, is a strong positive signal for investors, likely leading to increased buying activity and a rise in stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100