B of A Securities Maintains Neutral on HashiCorp, Raises Price Target to $34
Portfolio Pulse from Benzinga Newsdesk
B of A Securities analyst Brad Sills maintains a Neutral rating on HashiCorp (NASDAQ:HCP) and raises the price target from $30 to $34.
September 01, 2023 | 3:36 pm
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NEUTRAL IMPACT
B of A Securities maintains a Neutral rating on HashiCorp and raises the price target from $30 to $34.
The news is directly related to HashiCorp and is likely to influence investor sentiment. The raised price target indicates a positive outlook, but the neutral rating suggests that the stock is fairly valued at its current price. Therefore, the short-term impact on the stock price is expected to be neutral.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100