Benchmark Maintains Buy on Belden, Raises Price Target to $130
Portfolio Pulse from Benzinga Newsdesk
Benchmark analyst Reuben Garner maintains a Buy rating on Belden (NYSE:BDC) and raises the price target from $120 to $130.
November 01, 2024 | 3:10 pm
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Benchmark analyst Reuben Garner has reaffirmed a Buy rating for Belden and increased the price target from $120 to $130, indicating confidence in the company's future performance.
The reaffirmation of a Buy rating and an increase in the price target from $120 to $130 by a reputable analyst 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