TD Cowen Downgrades Thoughtworks Holding to Market Perform, Lowers Price Target to $6
Portfolio Pulse from richadhand@benzinga.com
TD Cowen analyst Bryan Bergin has downgraded Thoughtworks Holding (NASDAQ:TWKS) from Outperform to Market Perform and lowered the price target from $9 to $6.
August 10, 2023 | 9:04 am
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Thoughtworks Holding has been downgraded by TD Cowen from Outperform to Market Perform, with a lowered price target from $9 to $6.
The downgrade from Outperform to Market Perform by TD Cowen, along with a lowered price target, indicates a less optimistic outlook for Thoughtworks Holding. This could potentially lead to a decrease in the stock's price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100