DA Davidson Maintains Buy on Envestnet, Lowers Price Target to $72
Portfolio Pulse from Benzinga Newsdesk
DA Davidson analyst Peter Heckmann maintains a Buy rating on Envestnet (NYSE:ENV) but lowers the price target from $74 to $72.

August 08, 2023 | 7:03 pm
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NEUTRAL IMPACT
DA Davidson maintains a Buy rating on Envestnet but lowers the price target from $74 to $72.
The news is directly about Envestnet and is likely to influence investor sentiment. While the maintained Buy rating is positive, the lowered price target might cause some concern among investors, potentially leading to short-term price volatility.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100