Keybanc Maintains Overweight on Applied Industrial Techs, Raises Price Target to $245
Portfolio Pulse from Benzinga Newsdesk
Keybanc analyst Steve Barger maintains an Overweight rating on Applied Industrial Techs (NYSE:AIT) and raises the price target from $215 to $245.
September 23, 2024 | 10:52 am
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Keybanc analyst Steve Barger has increased the price target for Applied Industrial Techs from $215 to $245 while maintaining an Overweight rating. This suggests a positive outlook for the company's stock.
The increase in price target from $215 to $245 by Keybanc, along with maintaining an Overweight rating, indicates a strong positive sentiment from the analyst. This is likely to boost investor confidence and could lead to a short-term increase in AIT's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100