tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Belden price target raised to $147 from $132 at Truist

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.

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>

Disclaimer & DisclosureReport an Issue

1