Needham Maintains Buy on Grid Dynamics Holdings, Raises Price Target to $20
Portfolio Pulse from Benzinga Newsdesk
Needham analyst Mayank Tandon maintains a Buy rating on Grid Dynamics Holdings (NASDAQ:GDYN) and raises the price target from $17 to $20.
November 01, 2024 | 11:30 am
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POSITIVE IMPACT
Needham analyst Mayank Tandon has reaffirmed a Buy rating for Grid Dynamics Holdings and increased the price target from $17 to $20, indicating a positive outlook.
The reaffirmation of a Buy rating and an increased price target from a reputable analyst can boost investor confidence, potentially leading to a short-term increase in GDYN's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100