Baird Maintains Neutral on Verra Mobility, Raises Price Target to $22
Portfolio Pulse from Benzinga Newsdesk
Baird analyst David Koning maintains a Neutral rating on Verra Mobility (NASDAQ:VRRM) and raises the price target from $18 to $22.

July 20, 2023 | 2:49 pm
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NEUTRAL IMPACT
Baird analyst maintains a Neutral rating on Verra Mobility and raises the price target from $18 to $22.
The news is directly about Verra Mobility. Baird's decision to maintain a Neutral rating indicates that they do not expect significant price movement in the short term. However, the increase in price target from $18 to $22 suggests a positive outlook in the longer term. This could potentially attract investors, but the immediate impact on the stock price is likely to be neutral.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100