Mizuho analyst Peter Costa raised the firm’s price target on Napco Security (NSSC) to $48 from $39 and keeps an Outperform rating on the shares. The firm adjusted electrical equipment and multi-industry models ahead of the Q3 reports. Trade frictions and policy uncertainty are holding back some investment in the group, the analyst tells investors in a research note. Mizuho says short-cycle demand trends point to stability with better prospects in the U.S., while international markets are still dealing with de-globalization trends.
Claim 50% Off TipRanks Premium and Invest with Confidence
- Unlock hedge-fund level data and powerful investing tools designed to help you make smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis so your portfolio is always positioned for maximum potential
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on NSSC:
- Napco Security price target raised to $50 from $39 at Lake Street
- Napco Security management to meet virtually with Lake Street
- Napco Security price target raised to $50 from $45 at DA Davidson
- Cautious Hold Rating on Napco Security Technologies Amid Market Uncertainties and Full Valuation
- Napco Security management to meet virtually with Craig-Hallum