Bank of America raised ESAB's price target to $130, while JPMorgan lowered it to $120.

Bank of America raised its price target on ESAB from $115 to $130, keeping a "buy" rating, while JPMorgan Chase & Co. lowered its target from $125 to $120 with an "overweight" rating. The company reported earnings per share of $1.32 in its latest quarter, exceeding analysts' estimates by $0.05. ESAB Corporation specializes in formulation, development, manufacture, and supply of consumable products and equipment for welding, cutting, joining, and gas control equipment. Institutional investors hold 91.13% of the company's stock.

August 09, 2024
4 Articles