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A target raise with notable implied upside is modestly bullish, but the prior target and supporting rationale were not provided.
What happened, with direct paths to the underlying reporting
Bernstein raised its LOW price target to $270 from an unspecified prior level; the posted price was $229.36, about 18% below the new target.
Target: $270
Posted price: $229.36
Analyst firm: Bernstein
Analyst: Zhihan Ma
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