Raymond James Maintains Outperform Rating for Vivid Seats: Here's What You Need To Know
Portfolio Pulse from Benzinga Insights
Raymond James has maintained its Outperform rating for Vivid Seats (NASDAQ:SEAT) but lowered its price target from $12.00 to $10.00. Vivid Seats' shares are currently trading up 3.6% at $7.33 per share. A move to the new price target would represent a 36.33% increase from the current share price.
August 09, 2023 | 5:01 pm
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
Raymond James has maintained its Outperform rating for Vivid Seats but lowered its price target. This could potentially lead to an increase in the stock's price if the market reacts positively to the analyst's rating.
Analyst ratings often influence investor sentiment and can impact a stock's price. In this case, despite the lowered price target, the maintained Outperform rating indicates that the analyst still believes Vivid Seats will outperform the market. This could lead to increased investor confidence and a potential rise in the stock's price.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 100