Market Overview

UPDATE: DA Davidson Initiates Neutral, $37 PT on Belden on Pressured Multiples

Related BDC
Among A Raft Of Index Changes, Affiliated Managers Group To Join S&P 500
Balanced View on Terex - Analyst Blog

DA Davidson initiates Belden (NYSE: BDC) with a Neutral rating and a price target of $37.

DA Davidson notes, " We are initiating coverage with a NEUTRAL rating and $37 price target. Belden is an attractive long-term story with intriguing themes. However, we believe multiples could remain under pressure as concerns regarding Europe weigh on the shares."

BDC closed at $32.62 on Thursday.

Latest Ratings for BDC

Jul 2014SunTrust Robinson HumphreyMaintainsBuy
May 2014DA DavidsonMaintainsNeutral
Mar 2013Canaccord GenuityInitiates Coverage onBuy

View More Analyst Ratings for BDC
View the Latest Analyst Ratings

Posted-In: DA DavidsonAnalyst Color Price Target Initiation Intraday Update Analyst Ratings


Related Articles (BDC)

Around the Web, We're Loving...

Partner Network

Get Benzinga's Newsletters