Northland analyst Bobby Brooks raised the firm’s price target on Bel Fuse (BELFA) (BELFB) to $110 from $93 and keeps an Outperform rating on the shares. The firm, which is raising its Q2 estimates above the company’s guidance due to the intra-quarter easing of Chinese tariff headwinds, notes that its $158.2M sales estimate sits above the $155M guidance high-end that the company gave on April 24.
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