Baird Maintains Outperform Rating for IBEX: Here's What You Need To Know
Portfolio Pulse from Benzinga Insights
Baird has maintained its Outperform rating for IBEX (NASDAQ:IBEX) but lowered its price target from $32.00 to $28.00. IBEX shares are currently trading up 4.42% at $20.32 per share, and a move to $28.00 would represent a 37.8% increase.
May 18, 2023 | 5:00 pm
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Baird maintains Outperform rating for IBEX, lowers price target from $32 to $28. Shares trading up 4.42% at $20.32.
Baird's decision to maintain its Outperform rating for IBEX indicates a positive outlook for the stock. However, the lowered price target from $32 to $28 suggests a slightly reduced growth potential. The current share price increase of 4.42% also supports a positive short-term impact on the stock.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100