Evercore ISI Group Maintains In-Line on Cognyte Software, Raises Price Target to $5
Portfolio Pulse from Benzinga Newsdesk
Evercore ISI Group analyst Kirk Materne maintains an In-Line rating on Cognyte Software (NASDAQ:CGNT) and raises the price target from $3 to $5.
June 16, 2023 | 3:42 pm
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Evercore ISI Group maintains an In-Line rating on Cognyte Software and raises the price target from $3 to $5.
The news of Evercore ISI Group maintaining an In-Line rating on Cognyte Software and raising the price target from $3 to $5 is positive for the stock. This indicates that the analyst believes the stock has potential for growth and is adjusting the target price accordingly. As a result, this news is likely to have a positive short-term impact on CGNT's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100