JMP Securities Reiterates Market Outperform on HashiCorp, Maintains $38 Price Target
Portfolio Pulse from Benzinga Newsdesk
JMP Securities analyst Joe Goodwin has reiterated a Market Outperform rating on HashiCorp (NASDAQ:HCP) and maintained a $38 price target.
September 01, 2023 | 12:28 pm
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JMP Securities has reiterated a Market Outperform rating on HashiCorp, maintaining a $38 price target.
The reiteration of a Market Outperform rating by JMP Securities indicates a positive outlook for HashiCorp. The maintained price target of $38 suggests that the analyst believes the stock is still undervalued, which could lead to upward pressure on the stock price in the short term.
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