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Noble Financial Sticks to Their Buy Rating for 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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Gomes covers the Industrials sector, focusing on stocks such as Geo Group, Great Lakes Dredge & Dock, and Kratos Defense. According to TipRanks, Gomes has an average return of 1.8% and a 41.77% success rate on recommended stocks.
ACCO Brands has an analyst consensus of Moderate Buy, with a price target consensus of $9.00.
Based on ACCO Brands’ latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of $428.8 million and a net profit of $21.3 million. In comparison, last year the company earned a revenue of $448.1 million and had a net profit of $20.6 million
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