TD Cowen Maintains Outperform on Kore Group Holdings, Lowers Price Target to $4
Portfolio Pulse from jenniferd'souza@benzinga.com
TD Cowen analyst Colby Synesael maintains an Outperform rating on Kore Group Holdings (NYSE:KORE) but lowers the price target from $4.75 to $4.
August 15, 2023 | 12:37 pm
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TD Cowen has maintained an Outperform rating on Kore Group Holdings but lowered the price target from $4.75 to $4.
The news is directly about Kore Group Holdings. The Outperform rating suggests that the analyst expects the stock to do better than the market average. However, the lowering of the price target might indicate a reduced growth expectation, which could have a neutral impact on the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100