Baird lowered the firm’s price target on Novanta (NOVT) to $133 from $139 and keeps a Neutral rating on the shares. The firm updated its model as it believes the sales bottom looks in place and the outlook for 2026 looks potentially favorable.
TipRanks Cyber Monday Sale
- Claim 60% off TipRanks Premium for data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on NOVT: