Stephens & Co. Maintains Equal-Weight on Everbridge, Lowers Price Target to $26
Portfolio Pulse from richadhand@benzinga.com
Stephens & Co. analyst Brian Colley maintains an Equal-Weight rating on Everbridge (NASDAQ:EVBG) and lowers the price target from $30 to $26.
August 09, 2023 | 1:31 pm
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NEGATIVE IMPACT
Everbridge's price target has been lowered from $30 to $26 by Stephens & Co., while maintaining an Equal-Weight rating.
The lowering of the price target by Stephens & Co. indicates a potential decrease in Everbridge's stock value in the short term. The maintained Equal-Weight rating suggests that the stock is expected to perform in line with the market or other stocks in its sector.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100