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William Blair Reaffirms Their Buy Rating on Novanta (NOVT)

William Blair Reaffirms Their Buy Rating on Novanta (NOVT)

In a report released today, Brian Drab from William Blair maintained a Buy rating on Novanta (NOVT – Research Report). The company's shares closed yesterday at $125.74.
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According to TipRanks, Drab is a 4-star analyst with an average return of 17.8% and a 66.15% success rate. Drab covers the Industrials sector, focusing on stocks such as Xometry, EnerSys, and Lindsay.
Novanta has an analyst consensus of Moderate Buy, with a price target consensus of $139.00.
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