Needham Reiterates Buy on Engagesmart, Maintains $40 Price Target
Portfolio Pulse from richadhand@benzinga.com
Needham analyst Scott Berg has reiterated a 'Buy' rating on Engagesmart (NYSE:ESMT) and maintained a $40 price target.
August 04, 2023 | 2:52 pm
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Engagesmart's stock rating has been reiterated as 'Buy' by Needham analyst Scott Berg, with a maintained price target of $40.
The reiteration of a 'Buy' rating by a reputable analyst like Scott Berg from Needham is a positive signal for Engagesmart. The maintained price target of $40 also indicates a positive outlook for the stock. This could potentially lead to an increase in investor confidence and a short-term rise in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100