Oppenheimer Maintains Outperform on Agilysys, Lowers Price Target to $85
Portfolio Pulse from richadhand@benzinga.com
Oppenheimer analyst Brian Schwartz maintains an Outperform rating on Agilysys (NASDAQ:AGYS) but lowers the price target from $105 to $85.
July 25, 2023 | 12:28 pm
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Agilysys's price target has been lowered by Oppenheimer from $105 to $85, although the Outperform rating is maintained.
The lowering of the price target by Oppenheimer could lead to a negative sentiment among investors, potentially causing a short-term decrease in the stock price. However, the maintained Outperform rating indicates that the analyst still sees potential in the company's performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100