Susquehanna Maintains Positive on Endava, Lowers Price Target to $104
Portfolio Pulse from Benzinga Newsdesk
Susquehanna analyst James Friedman maintains a Positive rating on Endava (NYSE:DAVA) but lowers the price target from $112 to $104.
May 24, 2023 | 11:18 am
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Susquehanna analyst maintains Positive rating on Endava (NYSE:DAVA) but lowers price target from $112 to $104.
The news of Susquehanna maintaining a Positive rating on Endava is a good sign for the company, but the lowering of the price target from $112 to $104 may create mixed feelings among investors. This could lead to a neutral short-term impact on the stock price, as the lowered price target might be seen as a slight negative, while the maintained Positive rating is still a positive signal.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100