TD Cowen Maintains Outperform on Endava, Lowers Price Target to $66
Portfolio Pulse from Benzinga Newsdesk
TD Cowen analyst Bryan Bergin maintains an Outperform rating on Endava (NYSE:DAVA) but lowers the price target from $76 to $66.
June 12, 2023 | 1:33 pm
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NEUTRAL IMPACT
TD Cowen maintains an Outperform rating on Endava (NYSE:DAVA) but lowers the price target from $76 to $66.
TD Cowen's lowered price target for Endava may cause some short-term uncertainty among investors, but the maintained Outperform rating suggests that the stock is still expected to perform well in the long run. The impact on the stock price is likely to be neutral in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100