MoffettNathanson Maintains Outperform on HashiCorp, Lowers Price Target to $34
Portfolio Pulse from Benzinga Newsdesk
MoffettNathanson analyst Sterling Auty maintains an Outperform rating on HashiCorp (NASDAQ:HCP) but lowers the price target from $40 to $34.
June 08, 2023 | 3:58 pm
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MoffettNathanson maintains Outperform rating on HashiCorp (NASDAQ:HCP) but lowers the price target from $40 to $34.
The news of MoffettNathanson maintaining an Outperform rating on HashiCorp indicates a positive outlook for the company. However, the lowering of the price target from $40 to $34 may create uncertainty among investors, leading to a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100