Roth Capital Starts Unique Fabricating (UFAB) at Buy

Roth Capital initiates coverage on Unique Fabricating (NYSE: UFAB) with a Buy rating and a price target of $16.00.

Analyst Matt Koranda commented, "UFAB is positioned for growth across multiple end markets in the noise, vibration, and harshness (NVH) industry, in our view. We expect the company to leverage its leadership position in the conversion of automotive NVH materials to increase its content per vehicle, grow product offerings, and expand into adjacent markets. UFAB’s recent IPO has enabled a cleaner balance sheet and the public currency provides dry powder for potential future acquisitions."

For an analyst ratings summary and ratings history on Unique Fabricating click here. For more ratings news on Unique Fabricating click here.

Shares of Unique Fabricating closed at $12.30 yesterday.

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