Noble Capital analyst Joe Gomes initiated coverage of NN, Inc. with an Outperform rating and $6 price target. NN, which competes in growing and attractive end markets as a manufacturer of high-precision metal products, is implementing a strategic transformation under a new management team, designed to secure new growth, increase profits, and generate free cash flow, the analyst tells investors.
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Read More on NNBR:
- NN, Inc. Announces Jeff Tritapoe as Vice President of Global Operations
- NN, Inc. Announces Another Strong Quarter of New Business Awards at $17.2 million in Q1 2024
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- NN Inc Provides Supplemental Presentation Before Investor Call
- NN, Inc. sees FY24 revenue $480M-$510M, two estimates $493.3M
