--- title: "Analyst Raises Belden Price Target to $170 on Strategic Ruckus Acquisition and Upcoming Wi‑Fi Upgrade Tailwinds" type: "News" locale: "en" url: "https://longbridge.com/en/news/296339378.md" description: "D.A. Davidson analyst Chris Dankert raised Belden's price target to $170 and reiterated a Buy rating, citing the strategic fit of the Ruckus acquisition and upcoming Wi-Fi upgrade cycles as key growth catalysts. The move reflects confidence in Belden's expanded competitive positioning and smart-building opportunities. Goldman Sachs also maintained a Buy rating with a $161 target." datetime: "2026-08-19T09:45:18.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/296339378.md) - [en](https://longbridge.com/en/news/296339378.md) - [zh-HK](https://longbridge.com/zh-HK/news/296339378.md) generator: "portal-rs" --- # Analyst Raises Belden Price Target to $170 on Strategic Ruckus Acquisition and Upcoming Wi‑Fi Upgrade Tailwinds In a report released today, Chris Dankert from D.A. Davidson reiterated a Buy rating on Belden, with a price target of $170.00. ### Summer Sale - Claim 70% Off TipRanks - Unlock powerful investing tools with TipRanks Premium to make smarter, more confident investment decisions - Subscribe to TipRanks Smart Investor Newsletter, and discover new investing opportunities with data-backed stock picks Chris Dankert has given his Buy rating due to a combination of factors tied to Belden’s acquisition of Ruckus and the resulting strategic fit. He sees Ruckus as offering specialized wireless networking capabilities and a highly loyal customer base in sectors like hospitality, education, and healthcare that closely match Belden’s existing strengths and solution portfolio. Dankert also views upcoming Wi-Fi 7 and Wi-Fi 8 upgrade cycles as meaningful catalysts that should allow Belden to deepen its presence in core verticals and capture greater wallet share through cross-selling of integrated solutions. Reflecting this improved outlook and confidence in earnings power, he raised his price target to $170, implying valuation upside supported by Belden’s enhanced competitive positioning and expanded smart-building opportunities. In another report released on August 6, Goldman Sachs also maintained a Buy rating on the stock with a $161.00 price target. ### Related Stocks - [BDC.US](https://longbridge.com/en/quote/BDC.US.md) - [GS.US](https://longbridge.com/en/quote/GS.US.md) - [W4VR.SG](https://longbridge.com/en/quote/W4VR.SG.md) ## Related News & Research - [Emerald Investment Advisers LLC Acquires Shares of 50,456 Belden Inc $BDC](https://longbridge.com/en/news/296677283.md) - [Callan Family Office LLC Acquires New Shares in Belden Inc $BDC](https://longbridge.com/en/news/296753388.md) - [THCH: Revenue and same-store sales fell sharply in Q2 2026 amid competition and strategic store closures](https://longbridge.com/en/news/296238737.md) - [EPIC Insurance Brokers and Consultants Announces Strategic Leadership Promotions](https://longbridge.com/en/news/296362313.md) - [Workday stock is downgraded after buyout report as growth expectations are 'too optimistic'](https://longbridge.com/en/news/296104750.md) --- > **Disclaimer: This article is for reference only and does not constitute any investment advice.**