Benchmark Maintains Buy on Belden, Raises Price Target to $120
Portfolio Pulse from Benzinga Newsdesk
Benchmark analyst Reuben Garner maintains a Buy rating on Belden (NYSE:BDC) and raises the price target from $115 to $120.
September 18, 2024 | 10:37 am
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Benchmark analyst Reuben Garner has reaffirmed a Buy rating on Belden and increased the price target from $115 to $120, indicating confidence in the company's future performance.
The reaffirmation of a Buy rating and an increase in the price target from $115 to $120 by Benchmark suggests a positive outlook for Belden's stock. This is likely to boost investor confidence and could lead to a short-term increase in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100