Shares of Littelfuse Inc (Symbol: LFUS) recently traded at $249.60, surpassing the average analyst 12-month target price of $248.00. This movement prompts potential reactions from analysts—which may include downgrading on valuation or adjusting their target price upward—based on fundamental business developments influencing the stock price.
Analysts in the Zacks coverage universe have varying target prices for LFUS, ranging from $216.00 to $300.00, with an average price target associated with a standard deviation of $32.794. The breakdown of analyst ratings shows one “Strong Buy,” one “Buy,” five “Hold,” and no “Sell” ratings, resulting in an average rating of 2.57, where 1 represents “Strong Buy” and 5 indicates “Strong Sell.”
