RBC Capital Maintains Sector Perform on Phreesia, Lowers Price Target to $29
Portfolio Pulse from Benzinga Newsdesk
RBC Capital analyst Sean Dodge maintains a 'Sector Perform' rating on Phreesia (NYSE:PHR) but has lowered the price target from $33 to $29.
September 07, 2023 | 12:02 pm
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Phreesia's price target has been lowered from $33 to $29 by RBC Capital, though the 'Sector Perform' rating is maintained.
The lowering of the price target by RBC Capital indicates a less optimistic outlook for Phreesia's stock in the short term. This could potentially lead to a decrease in the stock's price as investors adjust their expectations.
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