poisar

Stocks · News reference

Northland Capital Markets Upgrades Richardson Electronics to Outperform, Raises Price Target to $24

BenzingaJul 28, 2026, 5:20 PMBenzinga Newsdesk

Northland Capital Markets analyst Bobby Brooks upgrades Richardson Electronics (NASDAQ:RELL) from Market Perform to Outperform and raises the price target from $14 to $24.

Reference details

Connected markets

Poisar stores the source's headline, summary and market tags for reference. Reporting and full article text remain with the original publisher.

Source
benzinga
Observed
Jul 28, 2026, 5:20 PM
Checked
Jul 28, 2026, 5:20 PM
Cadence
Captured once, then retained as an archive reference
Status
fresh

Keep reading

  1. Zacks Investment ResearchAug 27, 2026, 1:31 PMNa

    Richardson Electronics Rides on Portfolio Strength: Worth a Buy?

    Richardson Electronics (RELL) is well-positioned for sustained growth driven by semiconductor wafer fabrication, wind energy, and battery energy storage. The company's Power and Microwave Technologies segment saw fiscal Q4 revenues jump 28.1% to $47.5M, while backlog reached $164.4M (up 22.5% YoY). Management expects continued revenue growth and margin improvement in fiscal 2027, with BESS becoming a meaningful revenue driver by fiscal 2028.

    Read original at zacks-investment-research