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Belden (BDC) Delivered Strong Results But Investors Are Debating The Bigger Strategy Shift
Yahoo Finance· 2026-05-15 01:37
With an upside potential of 34.46%, Belden Inc. (NYSE:BDC) is among the 7 Best Hardware Stocks to Buy for the AI PC Revolution. On May 1, Truist lowered the firm's price target on Belden Inc. (NYSE:BDC) to $150 from $184 while maintaining a Buy rating on the shares. The analyst noted that Belden delivered solid Q1 results and issued favorable Q2 guidance, although the acquisition of RUCKUS Networks raised broader questions surrounding long-term strategy and capital allocation. Despite those concerns, the tr ...