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Noble Financial Keeps Their Buy Rating on ACCO Brands (ACCO)
In a report released today, Joe Gomes from Noble Financial maintained a Buy rating on ACCO Brands, with a price target of $9.00.
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According to TipRanks, Gomes is a 3-star analyst with an average return of 1.7% and a 44.44% success rate. Gomes covers the Industrials sector, focusing on stocks such as Great Lakes Dredge & Dock, NN, and V2X.
Currently, the analyst consensus on ACCO Brands is a Moderate Buy with an average price target of $7.50.
Based on ACCO Brands’ latest earnings release for the quarter ending September 30, the company reported a quarterly revenue of $383.7 million and a net profit of $4 million. In comparison, last year the company earned a revenue of $420.9 million and had a net profit of $9.3 million
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