Rosenblatt Maintains Buy on 8x8, Lowers Price Target to $5
Portfolio Pulse from richadhand@benzinga.com
Rosenblatt analyst Catharine Trebnick maintains a 'Buy' rating on 8x8 (NASDAQ:EGHT) but lowers the price target from $6 to $5.
August 09, 2023 | 11:37 am
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Rosenblatt analyst maintains a 'Buy' rating on 8x8 but lowers the price target from $6 to $5.
The news is directly related to 8x8 (NASDAQ:EGHT). While the 'Buy' rating is maintained, the lowering of the price target might create some uncertainty among investors, potentially impacting the stock's short-term performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100