Needham Maintains Buy on NAPCO Security Techs, Raises Price Target to $57
Portfolio Pulse from Benzinga Newsdesk
Needham analyst James Ricchiuti maintains a Buy rating on NAPCO Security Techs (NSSC) and raises the price target from $52 to $57.
August 27, 2024 | 11:23 am
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POSITIVE IMPACT
Needham analyst James Ricchiuti has reaffirmed a Buy rating for NAPCO Security Techs and increased the price target from $52 to $57, indicating confidence in the company's future performance.
The increase in the price target from $52 to $57 by a reputable analyst suggests a positive outlook for NAPCO Security Techs. This is likely to boost investor confidence and potentially lead to a short-term increase in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100