Wedbush Upgrades UFP Industries to Outperform, Raises Price Target to $155
Portfolio Pulse from Benzinga Newsdesk
Wedbush analyst Jay McCanless has upgraded UFP Industries (NASDAQ:UFPI) from Neutral to Outperform and increased the price target from $120 to $155.
October 08, 2024 | 1:53 pm
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POSITIVE IMPACT
Wedbush has upgraded UFP Industries to Outperform and raised the price target to $155, indicating a positive outlook for the stock.
The upgrade from Neutral to Outperform by Wedbush suggests increased confidence in UFP Industries' future performance. The raised price target from $120 to $155 indicates expectations of significant upside potential, likely leading to positive investor sentiment and a potential increase in stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100