|Analyst / Firm||Company||Price||Rating||Price Target||Upside/Downside||Date|
3 days ago
#38 out of 4426 analysts
75%71 out of 95
Risk vs Reward
Truist Securities's William Stein raised their price target on Belden (NYSE: BDC) by 5.3% from $75 to $79 on 2023/12/08. The analyst maintained their Strong Buy rating on the stock.
Stein told investors that they participated when Belden "recently invited a small investor group visit to its Customer Innovation Center (CIC)."
As a result, they increased their price target on the basis of "Belden's presentations, demonstrations, and the Q&A," all of which suggested that "more CICs and solution selling will generate higher and more stable revenue growth at higher profitability."
2 days ago