Loop Capital Maintains Hold on ESAB, Raises Price Target to $120
Portfolio Pulse from Benzinga Newsdesk
Loop Capital analyst Chris Dankert maintains a Hold rating on ESAB and raises the price target from $105 to $120.
October 30, 2024 | 6:12 pm
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POSITIVE IMPACT
Loop Capital has maintained a Hold rating on ESAB while increasing the price target from $105 to $120, indicating a positive outlook.
The increase in price target from $105 to $120 by Loop Capital suggests a positive outlook for ESAB, which could lead to a short-term price increase. However, the Hold rating indicates that the stock may not outperform the market significantly.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100