TD Cowen Maintains Outperform on HashiCorp, Lowers Price Target to $34
Portfolio Pulse from Benzinga Newsdesk
TD Cowen analyst Derrick Wood maintains an Outperform rating on HashiCorp (NASDAQ:HCP) but lowers the price target from $38 to $34.
June 08, 2023 | 3:07 pm
News sentiment analysis
Sort by:
Ascending
NEUTRAL IMPACT
TD Cowen maintains an Outperform rating on HashiCorp (NASDAQ:HCP) but lowers the price target from $38 to $34.
TD Cowen's lowered price target for HashiCorp may cause short-term uncertainty among investors, but the maintained Outperform rating suggests that the stock is still expected to perform well. The impact on the stock price is likely to be neutral in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100