Oppenheimer Maintains Outperform on Consensus Cloud Solutions, Lowers Price Target to $35
Portfolio Pulse from richadhand@benzinga.com
Oppenheimer analyst Ian Zaffino has maintained an Outperform rating on Consensus Cloud Solutions (NASDAQ:CCSI), but lowered the price target from $50 to $35.

August 09, 2023 | 1:46 pm
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NEGATIVE IMPACT
Consensus Cloud Solutions' price target has been lowered from $50 to $35 by Oppenheimer, though the Outperform rating is maintained.
The lowering of the price target by Oppenheimer could lead to a negative sentiment among investors, potentially causing a short-term decrease in the 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