Needham Maintains Buy on Kaltura, Lowers Price Target to $5
Portfolio Pulse from Benzinga Newsdesk
Needham analyst Ryan Koontz has maintained a 'Buy' rating on Kaltura (NASDAQ:KLTR) but lowered the price target from $6 to $5.
August 04, 2023 | 11:50 am
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NEUTRAL IMPACT
Kaltura's price target has been lowered from $6 to $5 by Needham, although the 'Buy' rating is maintained.
The news is directly about Kaltura and is likely to influence investor sentiment. While the 'Buy' rating is maintained, the lowering of the price target may indicate a potential decrease in the stock's value. However, the impact on the stock price is uncertain in the short term as the 'Buy' rating might still attract investors.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100