Business
What this broker thinks of the Altium (ASX:ALU) share price
The Altium Ltd (ASX: ALU) share price struggled to make headway in 2020, closing 5.4% lower for the year. On 7 January 2021, however, financial advisory firm Bell Potter upgraded Altium shares from sell to hold. But at the same time, Bell Potter also lowered its Altium share price target from $33.75 to $32.50.
Here’s why the broker thinks 2021 could be another flat year for Altium shares.
Altium overview
Altium develops and sells software and hardware for the design and development of electronic products. The company provides the printed circuit board (PCB) market with three core products. These are Altium Designer, software for designing PCBs, Nexus, a collaborative cloud-enabled PCB design solution, and Octopart, an…
-
General14 hours agoInjured former Greens candidate Hannah Thomas charged with hindering or resisting police at pro-Palestinian protest
-
General13 hours agoTony Burke’s detention inaction | The Spectator Australia
-
Business20 hours ago3 high-conviction ASX 200 stocks to buy and hold
-
Business24 hours agoWhat’s the average superannuation balance at retirement age? (That’s 67)