Rosenblatt Maintains Neutral on Avid Technology, Lowers Price Target to $27
Portfolio Pulse from richadhand@benzinga.com
Rosenblatt analyst Steve Frankel has maintained a Neutral rating on Avid Technology (NASDAQ:AVID) and lowered the price target from $28 to $27.
August 10, 2023 | 12:01 pm
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NEUTRAL IMPACT
Rosenblatt has maintained a Neutral rating on Avid Technology and lowered the price target from $28 to $27.
The news directly pertains to Avid Technology as Rosenblatt has maintained a Neutral rating on the company and lowered the price target. This could potentially impact investor sentiment and the stock's short-term performance. However, as the rating remains Neutral, the impact is not expected to be significantly negative or positive.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100