Raymond James Maintains Outperform on Everbridge, Lowers Price Target to $30
Portfolio Pulse from richadhand@benzinga.com
Raymond James analyst Alexander Sklar maintains an Outperform rating on Everbridge (NASDAQ:EVBG) but lowers the price target from $34 to $30.

August 09, 2023 | 8:44 am
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NEGATIVE IMPACT
Everbridge's price target has been lowered from $34 to $30 by Raymond James, though the Outperform rating is maintained.
The lowering of the price target by Raymond James could potentially lead to a short-term negative impact on Everbridge's 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