Wells Fargo Maintains Equal-Weight on Everbridge, Lowers Price Target to $24
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo analyst Michael Turrin maintains an Equal-Weight rating on Everbridge (NASDAQ:EVBG) and lowers the price target from $28 to $24.
May 31, 2023 | 11:51 am
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NEUTRAL IMPACT
Wells Fargo maintains an Equal-Weight rating on Everbridge and lowers the price target from $28 to $24.
The news directly mentions Everbridge (NASDAQ:EVBG) and the lowered price target by Wells Fargo. This may cause some investors to reconsider their positions, but the Equal-Weight rating suggests that the stock is still fairly valued. The impact on the stock price is expected to be neutral in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100