Deutsche Bank Upgrades Verra Mobility to Buy, Raises Price Target to $26
Portfolio Pulse from richadhand@benzinga.com
Deutsche Bank analyst Faiza Alwy has upgraded Verra Mobility (NASDAQ:VRRM) from Hold to Buy and raised the price target from $21 to $26.
July 31, 2023 | 12:57 pm
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
Verra Mobility's stock has been upgraded to Buy from Hold by Deutsche Bank, with a raised price target of $26, up from $21.
The upgrade from Deutsche Bank is a positive signal for Verra Mobility. It indicates that the bank's analysts see potential for the stock's price to increase, hence the raised price target. This could lead to increased investor interest and potentially a rise in the stock's price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100