DA Davidson Reiterates Neutral on Edgio, Maintains $0.75 Price Target
Portfolio Pulse from richadhand@benzinga.com
DA Davidson analyst Rudy Kessinger has reiterated a Neutral rating on Edgio (NASDAQ:EGIO) and maintained a price target of $0.75.
August 16, 2023 | 2:17 pm
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NEUTRAL IMPACT
DA Davidson analyst has reiterated a Neutral rating on Edgio and maintained a price target of $0.75.
The news is directly about Edgio and its rating by DA Davidson. The Neutral rating suggests that the analyst does not expect significant price movement in the short term. The maintained price target of $0.75 also indicates that the analyst's valuation of the company has not changed. Therefore, the short term impact on the stock price is expected to be neutral.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100