Northland Capital Markets Upgrades Bel Fuse to Outperform, Maintains Price Target to $80
Portfolio Pulse from Benzinga Newsdesk
Northland Capital Markets has upgraded Bel Fuse (NASDAQ:BELFB) from Market Perform to Outperform, maintaining a price target of $80.
September 05, 2024 | 5:18 pm
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Bel Fuse has been upgraded by Northland Capital Markets from Market Perform to Outperform, with a maintained price target of $80. This suggests a positive outlook on the stock's performance.
The upgrade from Market Perform to Outperform by Northland Capital Markets indicates increased confidence in Bel Fuse's future performance. Maintaining the price target at $80 suggests that the analyst believes the stock is undervalued at its current price, which could lead to increased investor interest and a potential rise in stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100