Keybanc Maintains Overweight on i3 Verticals, Lowers Price Target to $26
Portfolio Pulse from richadhand@benzinga.com
Keybanc analyst Josh Beck maintains an Overweight rating on i3 Verticals (NASDAQ:IIIV) but lowers the price target from $28 to $26.
August 10, 2023 | 7:58 am
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NEUTRAL IMPACT
i3 Verticals' price target has been lowered from $28 to $26 by Keybanc, though the Overweight rating is maintained.
The news is directly about i3 Verticals. The lowering of the price target might have a negative impact on the stock price in the short term, but the maintained Overweight rating indicates that the analyst still sees the stock as a good investment. Therefore, the overall impact is neutral.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100