Craig-Hallum initiated coverage of Bel Fuse (BELFA) (BELFB) with a Buy rating and $115 price target The firm sees near-term growth reacceleration and margin expansion potential for Bel Fuse. The company’s growth, scale, and capital allocation priorities will drive the next leg higher in the stock, the analyst tells investors in a research note. Hallum expects significant accretion from Bel Fuse’s recent acquisition.
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