Truist raised the firm’s price target on Belden (BDC) to $147 from $132 and keeps a Buy rating on the shares. The company delivered mostly good Q2 results and OK Q3 guidance, though the key reason for owning Belden – its transition to solution selling – continues, and has recently extended to hyperscale datacenters, the analyst tells investors in a research note.
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Read More on BDC:
- Belden price target raised to $145 from $130 at Benchmark
- Belden’s Strategic Growth and Market Penetration Drive Buy Rating with Increased Price Target
- Belden Inc. Reports Strong Q2 2025 Results
- Belden reports Q2 adjusted EPS $1.89, consensus $1.76
- Belden sees Q3 adjusted EPS $1.85-$1.95, consensus $1.84