Maxim Group Maintains Buy on VerifyMe, Lowers Price Target to $4
Portfolio Pulse from jenniferd'souza@benzinga.com
Maxim Group analyst Jack Vander Aarde has maintained a 'Buy' rating on VerifyMe (NASDAQ:VRME) but lowered the price target from $5 to $4.
August 14, 2023 | 1:25 pm
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NEUTRAL IMPACT
Maxim Group has maintained a 'Buy' rating on VerifyMe but lowered the price target from $5 to $4.
The news is directly related to VerifyMe. While the 'Buy' rating is maintained, the lowering of the price target might indicate a potential decrease in the short-term performance of the stock. However, the overall impact is neutral as the 'Buy' rating is still in place.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100