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JPMorgan Raises Price Target for Bel Fuse Stock Amid Mixed Brokerage Views

Guavy AI Editorial Team
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JPM
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Bel Fuse's stock price objective was increased by JPMorgan Chase & Co. from $370.00 to $380.00 in a research report issued on Friday, according to MarketBeat.

The brokerage has an 'overweight' rating on the electronics maker's stock and suggests a potential upside of 38.19% from its previous close.

Several other brokerages have recently weighed in on Bel Fuse, with B. Riley Financial initiating coverage with a 'buy' rating and Citigroup beginning coverage with a 'buy' rating as well.

Institutional investors own approximately 58.39% of the company's stock.

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