Barrington Research Maintains Outperform on VerifyMe, Lowers Price Target to $1.7
Portfolio Pulse from Benzinga Newsdesk
Barrington Research analyst Michael Petusky has maintained an 'Outperform' rating on VerifyMe (NASDAQ:VRME) but lowered the price target from $2 to $1.7.
August 15, 2023 | 1:12 pm
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Barrington Research has maintained an 'Outperform' rating on VerifyMe but lowered the price target from $2 to $1.7.
The news is directly related to VerifyMe and is likely to influence investor sentiment. While the 'Outperform' rating is positive, the reduction in price target may create some uncertainty. However, as the rating remains positive, the overall impact on the stock price is expected to be neutral in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100