Needham Maintains Buy on 8x8, Lowers Price Target to $6
Portfolio Pulse from richadhand@benzinga.com
Needham analyst Ryan Koontz maintains a 'Buy' rating on 8x8 (NASDAQ:EGHT) but lowers the price target from $7 to $6.
August 10, 2023 | 9:54 am
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Needham analyst maintains a 'Buy' rating on 8x8 but lowers the price target from $7 to $6.
The news is directly about 8x8 (EGHT). While the 'Buy' rating is maintained, the lowering of the price target might create some uncertainty among investors, potentially impacting the stock's short-term performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100