Stephens & Co. Reiterates Overweight on Griffon, Maintains $85 Price Target
Portfolio Pulse from Benzinga Newsdesk
Stephens & Co. analyst Trey Grooms has reiterated an Overweight rating on Griffon (NYSE:GFF) and maintained a price target of $85.
September 10, 2024 | 2:19 pm
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POSITIVE IMPACT
Stephens & Co. has reiterated its Overweight rating on Griffon, maintaining a price target of $85, indicating confidence in the company's stock performance.
The reiteration of an Overweight rating and maintenance of a high price target by a reputable analyst suggests positive sentiment and potential upside for Griffon's stock. This could lead to increased investor interest and buying pressure, positively impacting the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100