Stifel Maintains Hold on Inseego, Raises Price Target to $17
Portfolio Pulse from Benzinga Newsdesk
Stifel analyst Tore Svanberg maintains a Hold rating on Inseego (NASDAQ:INSG) and raises the price target from $11 to $17.
September 17, 2024 | 12:09 pm
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POSITIVE IMPACT
Stifel analyst Tore Svanberg maintains a Hold rating on Inseego and raises the price target from $11 to $17, indicating a positive outlook.
The increase in price target from $11 to $17 suggests a positive outlook for Inseego, which could lead to a short-term increase in stock price. However, the Hold rating indicates that the analyst does not see a strong buy opportunity, balancing the impact.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100