Needham Reiterates Buy on Vertex, Maintains $25 Price Target
Portfolio Pulse from richadhand@benzinga.com
Needham analyst Joshua Reilly has reiterated a 'Buy' rating on Vertex (NASDAQ:VERX) and maintained a price target of $25.
August 10, 2023 | 9:19 am
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Needham analyst Joshua Reilly has reiterated a 'Buy' rating on Vertex, maintaining a price target of $25. This could potentially boost investor confidence in the stock.
Analyst ratings often influence investor sentiment. A reiterated 'Buy' rating indicates that the analyst continues to have confidence in the company's performance. Maintaining the price target suggests that the analyst believes the stock is still undervalued, which could lead to increased buying pressure.
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